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Quotation S u pplem en t (Monthly)
In vestors S u pplem en t (Quarry)
Street Railway Supplem ent (Quarterly)
State and City Supplem ent
tE n tered a ccor.ltn s to A ct o f Cou^cesi, in the y e a r 1336, b y the W i l l i a m B, D a n a C o m p a n y , in the office o f the L ib ra ria n o f C ongress.]
VOL. 63,
SATURDAY, JULY 25, 1896.
c < £ h ro w c le .
W eek en d in g J u ly
Glsartnw a t—
Terms or Subscription— Payable ie Advance:
F o r O ne Y e a r ......................................................................... $10 00
F o r S lx M o n th s............. .... . . . . . ....... ...................................
6 00
E a rop ean S u bscription lin e lu d ln g p o s ta g e )..................... 12 00
E uropean au b sorlp tiou B is M onths {in c lu d in g p o s ta g e ).
7 00
A n n a s ! S u bscription in L o n d o n (in c lu d in g p o sta g e) — 42 10s.
S ix M os.
do.
do.
do.
-----4 1 10«.
T h e WVBSToaa' S u p p l e m e n t w ill b e fu rn ish ed w i t h o u t e x t r a c h a r g e
to e v e ry annual su b scrib er o f th e Co m m e r c ia l a s d F in a n c i a l
Chronicle .
T h e St a t e
O m Bu p p l h u e x t w ill also be fu rn ish ed w i t h o u t
e x t r a c h a r g e to e v e r y su bscriber o f th e C h r o h io l k .
T h e S t r e e t K a i l w a t S c PPL e x i s t w ill lik e w is e be fu rnish ed w i t h
o u t e x t r a c h a r g e t o e v e r y subscriber o f th e C h r o n ic l e .
Th e q u o t a t io n S u p p l e m e n t , issued m on th ly, w ill also bo tarn ish ed
w i t h o u t e x t r a charge to e v e r y su bscriber o f th e C h r o n ic l e .
F ile c o v e r s a re sold a t SO cen t* e a c h ; po stage on th e sam e Is 18
cents. F lic co v e r fo r su pplem ents can b e had a t office f o r 65 cents o r
m a iled fo r 80 cents.
and
Terms of Advertising—(P e r inch space).
u a e t im e ................................$3 5 0 |T h re e M on th * {13 t im e * ). .$25 00
O ne M onth
(A tt m e s ).. 1 1 00 HI* M onths
(28 •• ) . . 4 3 0 0
T w o M on th *
(8
"
> . 18 00 I T w e lv e M on th * (52 “
) . . 58 00
(T h e a b o v e te rm * fo r on e m onth and u pw ard a re fo r sta n d in g cards.)
London Agents:
Me**r». E dw ar d * * Sm it h , 1 Drapers’ Gardens, £ . C., w ill take *uberiptlonsand advertisement*, and supply single copies of the paper
at 1*. each.
P o st
W I L L I A M It. D A N A C O M P A N Y , P u b lis h e r * ,
P i n e S t r e e t , C o r n e r o f P e a r l S treet^
O r p ic e B o x 958.
NKW YO RK.
N ew Y ork .
P h ila d e lp h ia
P itts b u r g ..
B a ltim o r e .
B u ffa lo ,....
W a s h in g to n
R o c h e s te r ......
S y r a c u s e ,......
Scranton........
W ilm in g t o n ....
B i n g h a m t o n . ..
T o t a l M id d le
B o s to n .,.
P r o v id e n t
H a r t fo r d ,
N ew H a v e n ....
S p r in g fie ld .
W o r c e s te r ..
P o r tla n d ......
ISSJSjK::::
N e w B e d fo r d ......
T o t a l N e w E n g ..
C h i c a g o . . . . . * , ..........
C in c in n a ti.—
D e t r o it ,... . . . .
C le v e la n d .
M ilw a u k e e
C o ittin b u a In d ia n a p o lis
P e o r ia .
T o le d o
G r a n d R a p id s .
L e x in g to n ..
K a la m a z o o ..
A k ron
Ohio...
S p r in g f ie ld ,
C a n t o n . . . . . ...............
D a y t o n * ....
CLEARING HOUSE RETURNS.
T o t M i d . W e s t ’ n*
"".The following table, made up by telegraph, etc., indicates
th at the total bank clearings o f ail the clearing houses
o f th e United States for the week ending to-day, July 25,
have been $937,033,365, against j998,5W,484 last week and
$924,231,790 the corresponding week of last year.
J&et%ma b y T u t y m p h ,
1896.
1895.
Fargo.....
F a lls
T o t a l P a c ific .
P e r (le n t -
N e w O r le a n s ......... .
$435,881,401
88.811,411
48.714,410
10,817,112
68,094,415
17*100.088
5.809,747
* l2 2 ,»tH ,t7 .i
76,548,333
55,735,297
9,853,631
69,215,174
18,015.57?
4,832,709
S e v e n e it ie * . s a » y » ........
O th e r c m * . , 5 « a y » ----- ------
$655,328,481
126.0C 4,897
$857,110,844
119.927,802
-0 * 3
+51
T o te ! a t ie iU e * . S d a y * ,...
A ll c itie s , 1 tla y .....................-
$781,833,381
150,299,984
$717,074,246
147,160,544
40*5
482
$9 37,83 3,36 5
$924,234,790
+ v«
T otal a ll e ltte * fo r w e e k .
S an F r a n c is c o ,... - .
S a lt L a k e C it y . , . . * .
P o r t la n d .,..
L o s A n g e le s
H e l e n a .........
T a c o m a ......
S e a t t l e . .........
Spokane.
Sioux
W *9k B m U m Ju ly 25.
CX.*A»fNOB.
NO. 1,622"
- f S 'i
e-ion
-1 2 *6
4*9*8
-1 -8
-5 *0
4*22*1
The full details of clearing* for the week covered by the
above statement w ill be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have t<>be in ail
* estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, July
18, are given beiow, and we also present the results for the
corresponding week in 1895,1894 and 1893. Iri comparison
with the preceding week there is a decrease in the aggregate
exchanges of about seventy-one million dollars, but at New
York alone the decrease is fifty-seven millions. Contrasted with
the week of 1395 the total for the whole country shows an
increase of 0 8 per cent. Compared with the week of 1894
the current returns record a gain of .34*8 per cent and the
increase over 1893 is 5’2 per cent. Outside of New York the
decrease from 1895 is 1-8 per cent. The exoew over 1891
reaches 15*4 per cent, but making comparison with 1398 the
gain is seen to tie 10*2 per cent.
Des
S io u x C it y
L in c o ln .
W ic h ita .
Topeka.
F re m o n t,
H a s tin g s
T o t. o th e r W e s t.
St. Louis..
N e w O r le a n s . .
L o u is v ille .
G a lv e s t o n ,
H o u s to n ..,,
S a v a n n a h ..
R ic h m o n d .
M e m p h is .
A tla n ta ..
D a lla s .
N a s h v ille ..
N o r fo lk .
W aco.
F o r t W o r th ..
A ug o a t a . . . . .
B ir m in g h a m .
L i t t l e R o c k ......... .
J a c k s o n v i l l e . . . ..
C h a tta n o o g a .......
K n o x v ille *
Total Southern.
T o t a l a l l ......... . . .
O u ts id e N . Y o r k
M o n tre a l
T o ro n to
H a lifa x .
W in n ip e g ..
H a m ilto n .
Total Canada.,,,.
* N o t In c lu d e d In to ta ls .
18.
THE CHRONICLE.
130
REPORTS OF TRUST COMPANIES I N NEW
YORK AND BROOKLYN.
In our I nvestors’ Supplement to-day (pages 158
to 160) will be found complete reports of the condi
tion of the Trust Companies in New York City and
Brooklyn on June 30, 1896, as compared with Decem
ber 31, 1895, and June 30, 1895.
THE FINANCIAL SITUATION.
[V O L . L X IIL
led to a panicky condition of the Stock Exchange on
that day. A t this juncture the banks and bankers, as
already related, came to the aid of the Givernment,
and through their acts and their credit the financial
outlook has been wholly changed. That is to say, the
general disturbance and business distress which the
work of the Chicago Convention was fast producing
over the whole country has been arrested by the volun
tary action of the very parties who seemed to be the
object of the special hostility of the members of th a t'
Convention.
There is another aff ai r which will point a moral. Here
There could hardly be a more marked contrast pre
in
this great commercial city is a large and influential
sented than the action this week of our Clearing House
banks and subsequently of the leading bankers in support political organization. I t knows what is right we are
of the Governmentcrediton the one hand and the action confident, because it went to Chicago and fought for
of the Chicago Convention to destroy that credit on the right. I t knows, too, the Populistic aud explosive
the other. The Silverite-Populistic platform declares character of what was done in Chicago, and we are
in substance in favor of paying Government bonds in justified in assuming that it can see clearly enough the
silver and against the issue of Government bonds to dishonor and harm the policy there adopted would do
obtain gold to keep up the Treasury gold reserve. the country if it could bs successful. To this organi
Those declarations, together with the other espousal zation the question arises, shall we be “ regular” and
the same platform contains in favor of free coinage of give the country the go-by, or shall we put the country
silver by the United States alone, have so frightened a first and politics second. The State organization
lot of timid men that for the last two weeks or more they of the same party is confronted with the same
have been buying foreign exchange for the purpose of issue. Oue prominent member of the party, Ex-Gov
sending their money to Europe; to supply thisdemaiid ernor Flower, says he has buried his politics since the
the Treasury reserve has been drawn upon and materi Convention, and we assume Mr. Whitney buried his at
ally weakened.
What course have our banks and the start. There are likewise a large number of the
trust companies taken in this emergency ? They leading men of the City amd State, conspicuous in all
have gold and of course could retain that gold the walks of life, belonging to the same party who
if they chose and profit by this Silverite-Popu- have taken a similar stand. I f those wno are so zeal
listic scare while letting the business public suf ous to be “ regular” do not understand the critical
fer.
But
instead of doing that these insti state of the country’s affairs it would be wise for them
tutions have opened their vaults at the request of to consult any man prominent in finance, belonging to
Mr. Tappen, of the Gallatin National Bank, and freely either party, whom they are willing to trust before
furnished over 20 million dollars in gold ($17,245,000 they act. Of one thing we feel sure ; and that is that
having been actually deposited at the Sub-Treasury up no candidate nominated for Governor or Congress or
to last night) to restore the Treasury gold reserve, Assembly, or any other office, by an organization,
strengthen the Government credit, and relieve the State or City, that makes itself this year “ regular ’
anxiety and tension fast extending throughout our en instead of right, will get any considerable number of
tire industrial system.
The banks of some of the votes outside of the strictly “ regulars.” The depth of
other large cities have also volunteered to contribute the feeling and the character of the issue to-day do
a part of their gold holdings. Chicago, Boston and not seem to be appreciated by all.
Philadelphia have already taken steps to do so.
One aspect of the silver question upon which hardly
In the same interest and on the invitation of Mr. J. enough stress is laid is the effect that free silver will
I'ierpont Morgan a meeting of representatives of have in depriving the West and South of the supplies
foreign bankers was held at Mr. Morgan’s office on of capital to continue the development of their vast
Wednesday to consider what could be done to prevent resources. We refer incidentally to this feature in a
or diminish gold exports, or in any other way within subsequent article, where we dissect the statements
their power to assist in the maintenance of the gold and figures made by Senator Tillman of South Carolina
reserve supplemental to the action of the banks in to show that the existing monetary system is operating
putting their gold at the disposal of the Treasury. to the advantage of the Eastern States and to the
The statement is that an arrangement has been entered disadvantage of other parts of the country. We
nto betweon these bankers by which as largo an amount demonstrate, from Census data, that there is not the
as needed of sixty-day bills of exchange on London slightest basis, in the actual facts of the situation, for
will be furnished to meet the wants of remitters to this claim.
A t the same time it must be plain
Europe until the export movement of cotton and grain to any one possessing ordinary intelligence that
permits these bills to be covered and creates enough the sources of the supply of capital will be shut off if
exchange to supply the demand.
repayment in depreciated dollars is made or even
Taken together these arrangements complete a threatened. President Melville E. Ingalls of the Ches
very
satisfactory
and
suggestive
transaction. apeake & Ohio Railroad, in giving the reasons a few
Ever since the full purpose and tendency of the days ago why he cannot support the Chicago platform
action of the Chicago Convention was realized and candidate although he has been a life-long Demo
an unsettled feeling has prevailed. Tais nervous crat, made some pertinent remarks on the same point.
ness has been on the increase recently because As quoted in the Richmond (V a .) “ Times,” he said:
the gold reserve was being drawn upon for export “ Above all, the people of the South should repudiate
every steamer day. The engagement on Monday of this platform. They need credit. They need develop
13,030,000 gold for shipment to Europe on Tuesday, ment. This kills both. They should not allow a lot
together with lower prices for Americans in London, of politicians to lead them to moral and finan
July 25 1896.]
THE CHRONICLE.
cial rain. This country of ours should be very
prosperous. Nature has been kind and we have
bountiful crops. Capital is ready to come to us.
so soon as it is satisfied we are honest. We are suf.
fering from a panic caused and continued by bad legis
lation and politics.” Mr. Ingalls also referred to some
of the other ways in which free-silver coinage would
be detrimental, and showed that it would be pirticu
larly harmful to the laborer. N o one certainly cm
gainsay his statement that “ it would rob the ten
millions of wage earners in this country of a large
portion of their earnings by paying them in a depre
ciated currency for which they would get no corres
ponding increase in their wages, it being an un
doubted fact that in time of fiat or cheap money wages
never rise in proportion to other things.”
A ll accounts agree in saying that the anthracite coal
trade is in very good condition, that the advances in
prices already established are being well maintained,
and that there is a prospect of further advances. How
this improvement has been effected is of course within
the knowledge of every one. The companies have
stopped their ruinous policy of mining coal in excess of
the demands of the market, and by limiting the
output have been enabled to secure a fair price
for the coal actually sold.
A few weeks ago we
gave some figures bearing on the restriction that
had been practiced during the five months to
May 31, and last Saturday the “ Engineering
and Mining Journal ” of this city printed a statem ent
giving the comparative production for the half-year to
June 30. It appears from this statement that the
output for the six months of 1896 was 18,898,654
tons, against 20,664,158 tons for the same six months
of 1895, the decrease thus being a little over 1| million
tons. It should be observed that the contraction while
large in amount is really less than 9 per cent of last
year’s production.
Furthermore, at 18,898,654 the
total compares with 19,072,306 tons in the first six
months of 1894, so that the amount mined was only
173,652 tons leas than it was two years ago. As to the
stocks of coal at tide-water points, the figures are not
given for the 1st of January, but it is stated that on
July 1st the amount was 627,048, and that this was a
decrease of 112,455 tons as compared with May, 1896.
The Chicago & North Western has issued its state
ment of gross earnings for the month of June, and it
shows another large gain, namely $446,650, bringing
the total up to $2,932,231. A t that figure the amount
is slightly larger even than the earnings for June 1893,
which were $2,912,244; but it is proper to say that
in this latter case the results did not include the
operations
of
the
Milwaukee
Lake Shore &
Western. Very few returns of net earnings for June
have come in yet, aside from those mentioned last
week. The Pittsburg Youngstown & Ashtabula, one
of the smaller lines in the Pennsylvania R diroad sys
tem, reports for that month $11,487 decrease in gross
and $15,332 decrease in net.
Money on call representing bankers’ balances has
this week loaned at 3 and at 1^ per cent. The higher
rate was recorded on Monday and Tuesday, but there
after the suoply seemed more abundant and loans were
made at 1$ per cent. The average for the week was
about 2^ and banks a d trust companies quote this
rate as the minimum. Tim e loans have be9n firmer,
and there is very little disposition to make them ex
cept on choice collateral.
Q lotations are 3£ per cent
for thirty to sixty days, 4 per cent for ninety
131
days, 4-J per cent for four, 5 per cent for
five and 6 per cent for six months or longer. Iu com
mercial paper there is very little doing. The banks are
desirous of accommodating their regular customers and
of meeting the demand for re-discounting; for this
reason they are entirely out of the market for paper,
while other buyers are unwilling to do anything below
6 per cent except for the best endorsements. Quota
tions are nominally 5 per cent for sixty to ninety day
endorsed bills receivable, o i@ 6 per cent for four
months’ commission house and first-class single names,
5^@6 per cent for prime and 6@7 per cent for good
four to six months’ single names.
The principal features in the European financial
situation have been the advance in the price of bar
gold at London and in American Eagles, probably
stimulated by a demand from Paris and Berlin in con
nection with the new Russian loan of about $75,000,000. The Bank of England minimum rate of discount
remains unchanged at 2 per cent. Tne cable reports
discounts of sixty to ninety day bank bills in London
£ of 1 per cent. The open market rate at Paris is 2
per cent, at Beclin it is 2£ per cent and at Frankfort
2 f per cent. According to our special cable from
London the Bank of Eugland gained £62,775 bullion
during the week, and held at the close of the week
£48,250,443. Our correspondent further advises us
that the gain was due to imports of £77,000 wholly
from Australia and £14,000 net sent to interior of Great
Britain.
The foreign exchange market was only sentimentally
affected on Monday and Tuesday by the movement
on the part of the banks for the relief of the Treasury,
for no more bills resulted from this effort and holders
were indisposed to sell. It was reported that the ac
tion of the banks had induced some buying of A m eri
can stocks by the arbitrage houses, but there was no
evidence of drawing of bills against these purchases.
I t was not until after the conference of domestic and
foreign bankers on Wednesday that the exchange mar
ket showed any important change in tone, and then it
became easier because of an increased disposition to
sell. Oa the following day the market was still easier
and some bankers quoted it weak, influenced by offer
ings of bills in anticipation of
drawings
by
the combination of bankers when
the plans
which were being formulated should be adopted
by the parties to the conference. Possibly one reason
why the weakness was not more pronounced was that
the details of the plan of the combination had not
been fully disclosed and they were known only in a
general way to a fe w ; and another reason probably
was that remitters by Saturday’s steamers, who other
wise would ship gold, were in the market for exchange.
Ta e market opened firm on Monday at unchanged
rates for actual business compared with the close on
Friday of last week, and engagements were made for
the shipment of $650,000 gold by L. von Hoffmann &
Co.; $1,380,000 by Heidelbach, Ickelheimer & Co.;
$800,000 by Lazird Freres, and $200,000 by Knauth,
Nachod & Kuhne, a total of $3,030,000, by the Eu
ropean steamer sailing on the following day, and
$350,000 gold was taken for Canada. Ou Tuesday the
market, as already stated, was sentimentally affected by
the movement by the banks to aid the Treasury and
also by a lighter demand for remittance, and some
expectation
that the buying of stocks during
the day would result in some offerings of bills, though
it was said that this buying was almost wholly to cover
THE CHRONICLE.
132
[V o l . L x m ,
J u ly 23,1896.
July 25. 1895.
tocks sold on the previous day. The tone was easy at
Bank o f
Silver.
lOtOiL
Gold.
|
Silver.
I
Total.
G>M.
the close, with rates for actual business in long sterl
£
£
£
j
£
j
£
*
ing one quarter of a cent lower at 4 87f@4 88, while E n g la n d ......... 48.250,443
37.961.372’
‘ 48.250,443 37.961.372
those for sight bills and cable transfers were not quot- 1 F ra n c e ............ 82,077,744 50,100,662 132,268,403 82,035,’ 21 50.380.679 132.415,800
G e rm a n y * ... 20,551,300 14,775,650 44,326.960 35,411,760 16,123.210 51,538,000'
ably changed, and the Bank of British North America A a a t.- H u n g ’y 27,839,000| 12,902,000| 40,2 41,000 20,592.000 13.401.000 83,993 000
1 2 .2 1 0 .0 0 0 20.214.000
advanced nominal rates to 4 89 for long and 4 90 for * p a ln .............. 8.406.000 11,640,000 20,036, >00 8.004.000
4.283.000 7,003,000 Il.2t56.0o0
2.634.000 6.926.0001 9,560.000
1 N e t h e r la n d s .
short. On Wednesday this bank reduced the posted N a t.B e lg iu m * 2.628.000 1.314,000 3.942.000 2,702,007 1,351.333 4,054.000
rates half a cent, and influenced by the conference of T o t - t lll, w e e k 200,880.4:8? 97,738.312 298,631.799 190.9S9.920 10 j472252 291.462,172
T o t .p r e v . w ’ k 200,018,596 97,287.389 297,305,985 1S9.0d 5.710'100U 9 ta g 280,213,866
foreign bankers at Mr. J. P. Morgan’s office the market
* Th e d ivision (b etw een so ld and s ilv er) g iv e n in our ta b le o l coin
was easier in tone, though dealings were held in check and bullion in the Bank o f G erm any and the Bank o f B elgiu m is mader
from the best estim a te w e are able to ob ta in ; in n eith er case is i t
awaiting settlement of the details of the plan agreed claim ed to be accu rate, as those banks m ake no d istin ction in th eir
w eekly returns, m erely rep ortin g the to ta l g o ld and s ilv e r, but w e
upon at the conference, and rates for actual business b eliev e the d ivision w e m ake is a close a pproxim a tion .
N o t e .—We re c e iv e th e fo re g o in g results w e e k ly by cable, and w h ile
were reported unchanged. Engagements of gold for not a ll o f the d ate g ive n at the head o f th e colum n, th e y a re the r e
turns issued n earest to th at d a te—th a t is, th e la te s t rep o rte d fig u re s .
shipment to Europe on Thursday were $750,000 by
Kuhn, Loeb& Co.; $500,000 byLazird Freres; $500,000 by L. von Hoffmann & Co., and $250,000 by HAS THE EAST GAINED A T THE E X P E N S E
OF THE WEST AND S O U TH f
Ileidelbach, Ickelheimer l Co., making a total of
In another column we print a letter from one of our
$2,000,000, while $200,000 gold was taken for Canada
On subscribers questioning the figures used by Senator
and $125,000 by a firm of bullion brokers.
Lizard
Freres
reduced
Tillman in an article prepared by him and printed in
Thursday Brown Bros, and
cent
for
both
long
the New York “ World” of the 7th inst. Our corre
their posted rates half a
and short and the tone of the market was spondent asks us to point out the misleading character
quoted easier by the majority of foreign bank of the statistics and to show the inaccuracies and fal
ers ; but the ease seemed to be chiefly in long lacies they embody.
sterling, which was quoted at the close of the
We have learnt from experience not to place a very
day at 4 '874@4 88, while sight bills and cable trans high value on statements made by T illm in , and we had
fers were one-quarter of a cent lower at 4 88J@4 88f supposed that the estimate of the general public in this
for the former and 4 88f@4 89 for the latter. The respect accorded pretty well with our own. Therefore,
tone yesterday was steady, with the rate for actual except for our corresp indent’ s letter, we should not have
business in long sterling quoted at 4 87^@4 87f, but considered it worth while to examine critically the ar
the rates for sight bills and cable transfers unchanged. ticle referred to. But as our correspondent states that
N o gold was engaged for shipment to day.
The fol the article has been extensively copied by other papers,
lowing table shows the daily posted rates for exchange “ without any reply that can be considered at all ade
by leading drawers.
quate,” and thinks we can perform a public service by
D A ILY POSTED BATES FOB FOBEIGN EXCHANGE.
directing attention to the errors it contains, we feel called
npon to comply with his request, and in the following
F r i ..
M o n .. TOES., I W e b .. T h o r ..
F r i ..
July 17 July 20. July 21., July 22. July 23. July 24.
shall endeavor— as briefly as the circumstances of the
88*
88
88X
88X
R8X
B ro w n B ro s........j “ g h t l* :
89*
Saw
sox
89
89*
case will permit— to analyze the figures and state
B a rin g,
(6 0 d ays.
8f*
88X
8SX
88*
M a go u n & C o., XS ig h t....
89*
ments given in the article.
89X
89X
89 X
89X
B an k B ritis h
4 60 days.
89
88*
S8X
88*
81-*
mu
Tillman’s purpose is to establish an argument
90
N o . A m e r ic a .. ( S ig h t....
sax
8tX
89X
89 X
ss^i
Bank o f
(M d a y s .
8tX
esx
88 X
against the gold standard by making it appear that
M o n t r e a l........ ( S ig h t ....
89*
89*
sax
89X
£8
Canadian B an k 5 60 d a ys.
88*
88 *
88X
88 X
single Eastern States, like New Y ork, Massachusetts
sox
89*
o f C om m erce.. ( S ig h t....
89*
sax
89X
£8
H c ld e lb a c b . Ic k -jO O days I
88X
88*
8il4
88 X
88 X
and Pennsylvania, though having a smaller population
8 9 },
e lh e im e r & Co. ( S ig h t . . . . 1 £8
89*
89 X
sax
89X
88
88*
88X
88
8 SX
L a z a r d F reres.. J 60 d ays.
and a very much smaller area, gained more largely in
\ S igh t....
89
89*
89
sax
sox
M e rc h a n ts ’ Bk. ( 60 d a ys,
88 *
88X
88X
88X
88 X
wealth during the Census period from 1880 to 1890
o f C an ad a....... t S ig h t....
89*
89*
£»
80X
89*
than whole tiers of States in the West and South, with
The market closed steady ou Friday at 4 88@4 88£ for a vastly greater area and a heavier population. From
sixty day and 4 89@4 89| for sight. Rates for actual this apparent disproportion in the wealth accumulations
business were 4 87-J@4 87f for long, 4 88£@4 88J for of these sections he then deduces the inference that
short and 4 88f@ @ 4 89 for cable transfers. Prime under the gold standard the East is profiting at the
commercial bills were 4 87@4 87i and documentary expense of the South and West, and that free-silver
4 864@4 86J.
coinage is necessary to take away from the E ist such
The following statement gives the week’s movements advantage and restore the equilibrium.
of money to and from the interior by the' N. Y . banks.
He states the object he has in view at the very begin
ning
by starting out as follows: “ To exhibit how
Received by Shipped by
Net In terior
Week Ending July 24,1896.
N . Y . Banks. N . Y . Banks.
Movement.
unbalanced our interests are becoming through the
$3,967,000 $3,169,000 G a in . $798,000
local accumulations of wealth and the domineering
W o ld ...........................................................
L ^ ss,
308,000
i
'
power of our aff tirs exercised by concentrated capital,
T o t a l g o ld a n d le g a l t e n d e r s ..... $4,395,COOl S3.901.000 G a la . $490,000
let us examine some startling facts disclosed by the
Result with Sub-Treasury operations and gold ex general Census of 1890.” We shall see as we proceed
ports.
that there is something “ unbalanced,” but that the
term would more appropriately refer to Tillm an’ s
In to
Out of
N et Change in
Week Ending July 24,1896.
article than in the way he seeks to apply the word.
Banks.
Banks.
Bank Holdings.
B a n k s ' In t e r io r m o v e m e n t,a s a b o v e 14.391.000 $3,901,000 G a in . $490,000
Following the opening paragraph, which we have
B n b -T re a s .o p e r.a n d g o ld e x p o r t s . .. 35.700.000 43,805,000, L o ss. 7,605,000
quoted, he gives a small outline map, or diagram, com
T o t a l g o ld a n d l e g a l t e n d e r s ....... $40,091,000 $47,206,000 L o s s . 1-7,115,000
paring the area of Pennsylvania with that of the
The following table indie ite3 the amount of bullion Southern States— all except Texas. He takes pains to
n the principal European banks this week and at the state that the figures “ are drawn to a scale correctly
corresponding date last year.
snowing the relative siz i of the two territories.” Of
£8
£8
J u ly 25. 1896.]
THE CHRONICLE.
course Pennsylvania looks very insignificant alongside
the combined area of the whole South, and that was
the purpose in introducing the diagram— to furnish a
graphic contrast depicting the insignificance of the
Keystone State in area. A fter stating that the four
teen Southern States grouped together have an area of
566,545 square miles and by the Census of 1890 had a
population of 17,303,064, while the State of Pennsyl
vania has an area of only 45,215 square miles and had a
population in 1890 of 5,258,014, and that the assessed
value of property in the Southern group in 1880 was
#2,607,868,071, while that of Pennsylvania was only
#1,683,459,015— after stating these facts he goes
on to show that in view of such advantages the
Southern group ought
to
have
gained many
times as much in wealth during the decade as
the State of Pennsylvania, but that as a mat
ter of fact the actual addition in the whole fourteen
States was only #901,479,361, while the addition in
Pennsylvania was #909,382,016, the latter having thus
gained more than the entire group of States men
tioned.
These comparisons certainly look “ startling,” and
their significance is not lessened when they are accom
panied by the statement, to which no one will be in
clined to take exception, that “ the mineral resources
and natural advantages of some of the States are equal
to those of Pennsylvania; in agricultural products
some of them are greatly superior to Pennsylvania.”
But are the figures, as given, accurate, and do they
reflect correctly the accumulations of wealth in the
sections compared ? The results are based on the
assessed values, and we shall presently show that these
furnish no true or reliable indication of the actual or
relative additions in values in different sections. But,
disregarding that point for the moment, the figures
even on the basis of assessed values do not agree with
the latest official data. As the South Carolina Senator
speaks of the facts disclosed by the Census, his data are
evidently intended to be based on some compilations
coming from the Census Office. We have all the Cen
sus publications, and we have gone to considerable
trouble to make up the aggregates in the same way as
those given by him, bat except in the case of the valu
ation of Pennsylvania for 1880 we can not make our re
sults accord with his. Here are the comparisons as
reached by us, taking the Census reports as a basis. We
find from the figures of area and population given by
Tillman that he has not included the District of
Columbia in his tota's, and we therefore follow the same
plan.
UMEASRD V A I.I * n r R E A L A X D P E R A O X A L P R O P E R T Y .
1890.
1880.
P en n sjrlvttn U . ..*2,659.796.009 81,883,450.018
In c m in t.
8870.337,993= 58%
South ( E x c e p t
T e x M ) ............ $3.871.210,540 S’- , 0 7 4 ,109,193 *1,900,131,347 = 45%
T e x e a .................
780,888,605
320,361,515
460,534,090 = 114%
T o ta l.............$4,655,130,145 *2.094.473,708 $1,800,605,437= 55%
From this we see that instead of Pennsylvania having
gained 909 million dollars and the fourteen Southern
States only 901 million dollars, as Tillman asserts,
the former actually gained 976 million dollars and the
latter 1,200 million dollars, a difference in favor of the
South of 224 million dollars. In the matter of ratio,
Pennsylvania holds an advantage, but not very great
after all, its percentage of increase being 58 per cent
and that of the Sonthern States 45 per cent.
This, however, ignores altogether the State of Texas.
It is very difficult to understand why in speaking of
the South, the largest State in the group and the one
133
which has made the most noteworthy progress, should
be omitted from the comparison. During the ten
years Texas increased the assessed value of its property
from 320 million dollars to 780 million dollars, the ad
dition thus being 460 million dollars, or 144 per cent.
Evidently Tillman did not want to incorporate such a
record of progress in his results. H e was bent on
making a poor showing, not a good one, and accord
ingly Texas was barred out. With that State included,
the increase for the South is 1,660 million dollars
against 976 million dollars for Pennsylvania, the former
thus surpassing the latter in the amount of 684 million
dollars ; the ratio of gain stands nearly the same, being
55 per cent for the South and 58 per cent for Penn
sylvania.
Thus even on the basis assumed by Tillman himself,
namely the assessed values the case is against him.
But, as already said, the assessed values furnish no in
dication whatever of either the relative or actual
growth iu wealth or property. This follows from the
fact that the basis of assessment varies widely in d if
ferent sections. In one State property may be assessed
at 75 per cenj of its value, in another at only 25 per
cent. Moreover, in the one case the disparity between
actual and assessed values may be diminishing, in the
other it may be growing wider. As a matter of fact,
the student knows that in many of the older sections
of the East property (or at least real estate) is assessed
very much nearer its true value than in the West and
South, where it is frequently assessed for taxation at
only a small fraction of its market value.
The true value of the property, as distinguished
from the assessed value, would under ordinary circum
stances be very difficult to get at. In this case, how
ever, we are dealing with Census returns and the Cen
sus has made a very extensive investigation into the
subject, and undertakes to give figures for each State
to show the true value of all property therein as de
termined by such investigation. It is this “ true value”
alone which is of service as a guide to the growth in
wealth in the different sections. Iu the following we
indicate what the comparison would be on that basis
between Pennsylvania and the South.
T R I T E VALUE OF PRO PERTY.
1890.
1880.
In c re a s e .
Pen n sylvan ia.. $0,190,746,550 $1,942,000,000 $1,248,746,550= 25%
South (except
T e x a s ) ......... s , -77.037,600 $0,596,000,000 $2,281,037,600= 35%
T e x a e ............... 2,105,576,786
825,000.000 1,280,576,766 = 155%
T o t a l.........$10,982,614,360 $7,421,000,000 $3,561,614,366= 48%
This is a very significant and striking exhibit. For
it appears that while the value of property in
Pennsylvania increased during the decade 1,248 million
dollars, the value of property in the South (excluding
Texas) increased 2,281 million dollars, or over a thou
sand million dollars more than in the first case. In
ratio, too, the advantage is in favor of the South,
which shows an increase of 35 per cent against only 25
per cent increase for Pennsylvania. But iu this case,
as in the case of the assessed values, there seems no
good reason for leaving the great State of Texas out of
consideration; and in that State the increase, it will
be observed, has been truly remarkable, reaching 1,280
million dollars, or more even than iu Pennsylvania. As
indicating the marvelous expansion in wealth which has
occurred in certain parts of the West and South, not
withstanding “ the domineering power” “ exercised
by concentrated capital’ in the East, it is well to
point out that this gain of 1,280 million dollars in
Texas is in excess of the amount of addition during
t h e c h r o n ic l e .
134
the decade for every other State in the Union with the
exception only of New Y ork and Illinois.
Including Texas, the South has increased its wealth
during the decade 3,561 million dollars, against only
1,248 million dollars increase for Pennsylvania, or
nearly three times as much. In ratio, the increase
stands 48 por cent for tho South, against only 25 per
cent for Pennsylvania.
It may be asked why did Tillman in making a con
trast of wealth and progress between different part3 of
the country fail to use these figures of true valuation,
instead of presenting comparisons and deductions
based on the assessed values ? The Census publications
that contain the one set of figures also contain the
other, both being hence equally accessible to students
of the subject. Of course the true values would not
at all have answered for Tillman’ s purpose, and in
view of that fact it seems hard to avoid the conclusion
that there was a deliberate intention to deceive and
misrepresent.
But let us proceed further and test Tillm an’s other
results. In his second comparison he takes the five
Central States, Ohio, Indiana, Illinois, Iowa and Mis
souri, and contrasts them with “ the barren little State
of Massachusetts.” A map or diagram is added here, too,
to indicate the relative size of the two parts compared,
and we need hardly say that in this map Massachusetts
appears even more diminutive than did Pennsylvania
in the other. To show the natural advantages which
these five States possess, Tillman says that they “ rep
resent the garden of the world.” “ There is not on
the globe an equal amount of continuous surface so
richly endowed or so conveniently located for the con
venience of man as these States. They are more than
a fourth larger than the Republic of France. They
are settled throughout by an intelligent, industrious
and energetic people. * * * They have 259,500
square miles, while Massachusetts has 8,315. They
had by the Census of 1890 a population of 14,182,151
and Massachusetts only 2,238,943, so they exceed Mas
sachusetts in population six and one-third times.
They had an assessment value in 1880 of $3,980,259,085,
and at that date the assessed value of Massachusetts
was $1,584,756,802. * * * But from 1880 to 1890
these States gained in wealth $572,829,751, while the
granite-surfaced patch of Massachusetts gained $569,377,824, or within three and a half millions of all the
other five States, although they had nearly 500 times
the advantage in soil, people and capital.”
Now what are the facts? In order to get at the
actual situation, we shall follow the plan pursued in
the case above, and give, first, the correct com
parison as to the assessed values, and then present the
figures as to real values, which latter alone furnish a
measure of the progress in wealth in the different
sections. Following are the assessed values.
ASSESSED V A L U E O P R E A L A N D P E R S O N A L P R O P E R T Y .
18^0.
M assachusetts.. $2,154,134,026
Ohio, Iu d ., in.,, ,
„„
Io w a aud Mo. j 4,851,881,013
1880.
$1,584,756,802
$569,377,824=3604
4,009,403,055
842,478,858=21%
In c re a s e .
Here we find, as in the other case, that Tillman has
not presented the comparison correctly even as to the
assessed values. Instead of the five States having gained
$572,829,751, or only 3^ million dollars more than
Massachusetts, their gain has actually been 842 million
dollars, or 273 millions in excess of the 569 millions gain
during the decade for the “ granite-surfaced patch.”
But in this case, still more than in the other, the
great disparity between the value of ;the property as
[ V o l . LX III.
scheduled for taxation and its real value, deprives the
comparison of any worth. As our correspondent in his
letter points out, in the West property is assessed at
very low figures— in Chicago, at only one-tenth to onefourteenth its true value. W e see that the Census puts
the “ per cent of total assessed of total true valuation” for
the whole State of Illinois in the Census year at only
15'98 per cent. For Massachusetts, on the other hand,
the ratio is put at 76’83 per cent. When these facts
are stated, it at once becomes apparent that they must
be allowed for, and that when allowed for they must
make an enormous difference in the comparison.
Before giving the true figures, however, we wish to
quote some characteristic comments of Tillm an’s on
the supposed disproportionate gain in wealth made by
the Eastern Commonwealth. They add zest to the
inquiry. Basing his remarks on the comparison of the
assessed values and his erroneous statement of them,
he asks the question— “ Why then did they (the five
Central States) not accumulate more wealth, and by
what means do the Massachusetts people roll up such
enormous values?” And this question he proceeds to
answer in the following fashion: “ The Massachusetts
man generally cultivates bonds. The Western and
Southern man not only works for himself but he gives
the larger portion of his earnings to the Eastern man,
who, like the lilies, ‘ toils not, neither does he spin,
for he has those things done for him by the ingenious
mechanism of legislation whereby he gathers where he
has not ploughed, and the Western and Southern
people sweat to pay him gold and tribute and give
their money to those thimble-riggers of the East who
so far prove too smart for the docile people of the
West and South.
These Eastern wealth gatherers
circumvent primal cares. Their brows do not sweat
much to secure the bread they devour.”
A fter this arraignment it is refreshing to have the
actual facts as to the growth of property values aud to
see how completely they upset the theory and demolish
the argument of this South Carolina demagogue. Here
is a comparison on the basis of true values between the
Central Western States and Massachusetts. We think
the results will be a revelation even to many who do
not train with the Tillman crowd.
TRUE
VALU E OP PRO PERTY.
1890.
M assachusetts $2,803,645,447
1880.
$2,623,000,000
$180,645,447= 7%
° l a ” and M o! f
11,412,000,000
4,386,562,007=33%
15,798,562,007
In c re a s e .
Observe how “ enormous” have been tbe values
which the Massachusetts people have been able to
“ roll up” through “ the ingenious mechanism of legisla
tion.” In the ten years they have added 180 million
dollars to the value of their property at home, while
the same “ ingenious mechanism of legislation” has
added no less than four thousand three hundred and
eight-six million dollars to the property values of Ohio,
Indiana, Illinois, Iowa and Missouri; that is, these five
Central States have gained in amount twenty four
times what Massachusetts has gained. In ratio the
increase for the ten years in Massachusetts has been
only 7 per cent, while that of the Western States has
been 38 per cent. It only remains to say that the
figures used are not our own but those of the Census
Office.
Tillman makes a third comparison, substituting for
Massachusetts the State of New York, and changing
the group of States “ to Kansas, Nebraska, Kentucky
and Tennessee.” I t is evident, however, from the
figures used that he has not mentioned all the States
that he means to include in this groun, and as we can
THE CHHONICLE.
July 23, 1SU6.J
not tell what the other States are, we are unable to
probe into that part of the article. We shall pass
directly, therefore, to his general conclusions or final
summary, where he says : “ Further to emphasize the
fact of the flow of wealth to three great seaport States,
I will start with the States of Pennsylvania, New York
and Massachusetts in the upper group, and in the
lower group include the Southern States, the five
Central States and also add Kansas, Nebraska, W yo
ming, Colorado, Wisconsin and Minnesota. Here we
have twenty-five States with a population of 37,432,830,
as against in the three Eastern States 13,494,810.
The assessed value of the twenty-five States in 1880
was 11,704,552,763 more than that of the three Eastern
States. They made a gain in population more than
all three States in ten years of 4,483,849. Now with this
superior gain in population, with only thirteen times
a3 much territory to work on, and only three times as
many people to do the work, and #1,700,000,000 more
capital to start with, does it not seem reasonable
that they should have gained a vast excess of
wealth before that of the three States. But what is
the fact ? The three States gained nearly $300,000,000
more than the twenty-five States, the wealth gain of
the twenty five States being #2,402,960,501, while that
of the three States was #2,602,145,772. These facta
present the theory that discloses chances that will
rapidly overwhelm all efforts to maintain a government
of the people and for the people.”
We shall not in this oase attempt to deal with the
assessed values further than to say that, according to
the Census, it is not true that the three States gained
#300,000,000 more than the twenty-five States. On
the contrary the three States gained only 2,679 million
dollars while the twenty- five States gained 2,990 mil
lions, shoving a difference of 311 million dollars in
favor of the latter. However, the actual situation as
to the growth of wealth in the two sections can only be
gauged by taking the true value of the property instead
of the assessed. Here is the comparison on that basis.
T l t T 'K
Penn., Haa*. and
1800.
9
TA L U S OF PKOFBBTT.
1880.
9
Tnertate.
f
.Vow Y o r k ... 17,571,093,888 13.873.000.000 3,099,093,988= 27%
25 Southern and
W e .fo S t a t e * 32.591,275,019 21,378,000.000 11,213.273.049 = 52%
A d d Texan....... 2.1052576,700
925,000.000 1,280,570,706=155%
34,090,951315 22.203,000,000 12.403,951.815 = 56%
The truth is thus found to be that while the three
Eastern States gained in wealth (or propertyavalues)
3,698 millions, the twenty-five Southern and Western
States gained over three times as much, or no leas than
eleven thousand two hundred and thirteen millions.
With Texas added on, the increase is twelve thousand
four hundred and ninety-three millions, against the
thirty-six hundred and ninety-eight millions for New
York, Massachusetts and Pennsylvania. In ratio the
three Eastern States have gained 27 per cent, the
twenty-five Southern and Western States 52 per cent,
and this latter is increased to 56 per cent when Texas
is included.
It is unnecessary to say anything to add to the
crushing force of these statements, refuting entirely
Tillman’s claims and contentions and showing that
there is absolutely nothing to sustain the point which
he sought to make in his argument that the East was
gaining at the expense of the West and South.
But there is a lesson in the wonderful record of
growth disclosed in the above statements which
has special application to the situation at the
present time. The growth is to be ascribed mainly
135
to the influx of capital from the East and from abroad,
this capital having been used in developing the
vast latent resources of these sections. The South
and
West
are
still
in
need
of
a great
deal of outside capital. The decade from 1880 to 1890,
following the resumption of gold payments in 1879, is
universally admitted to have been one of extraordinary
prosperity.
Whether theie shall be a repetition of
this prosperity in the future, which every one so much
desires, and an equal record of growth and develop
ment, must depend in large part upon whether the
necessary outside capital to aid in the work can be ob
tained. I t can not be obtained by attempting an
abasement of the standard of values ; it can not be ob
tain ed by favoring total or partial repudiation of obli
gations honestly incurred ; it can not be obtained by
enacting repressive legislation directed against those
who own or control the supplies of capital.
The flow of capital into the West and South, as we'
know, has now been checked. Before the moneyed
classes can again be induced to send their accumula
tions into those sections they must have assurance of
the integrity^ and good faith of the people in those
parts of the country. This assurance can be given in
no way so surely and effectively as by voting down the
proposition for the free coinage of silver, thereby
showing that they l,ave no sympathy with repudiation
in any form or guise. The more overwhelming the
defeat of the Silver Party, the quicker will be the
return of confidence and the quioker the revival of
prosperity in those sections where the free-silver craze
now has its strongest hold.
FEATURES OF OUR FORKIGN TRADE.
The foreign commerce figures of the ooun .ry for the
Government fiscal year ending June 30 1896 disclose
some noteworthy features, but broadly speaking it
may be said that they indicate a generally disturbed
condition of things. Evidence of this is found in a
num er of directions: (1) in the call for heavy gold ex
ports in the face of a large merchandise balance in our
favor; (2) in a marked falling off in the merchandise
imports in the closing months of the fiscal year, though
the total of the imports for the year is in excess of that
for the previous fiscal year; (3) in accumulating stocks
of goods in the bonded warehouses; and (4) in low
prices for many p-oducts, partly because of large sup
plies and heavy production, partly because of business
depression.
The year opened under very favorable auspices, with
business reviving in all quarters as the result of the
arrangement between toe Morgan Belmont Syndicate
and the Government, and with the prospect for the
immediate future (as it then seemed) unusually bright.
It closed with oar industries in a state of extreme
depression and with the outlook more than usually
gloomy because of the impending Presidential elec
tion and the contest which it involves between the
two great parties on the mon y question. The condi
tions remained on the whole quite favorable daring
the first six months, or at least until December,
but since then the developments have nearly all been
of a nature to disturb both our domestic and our foreign
trade. Among these disturbing incidents may be men
tioned the trouble regarding Venezuela; the discussions
in and out of Congress in reference to both that ques
tion and our attitude towards Cuba; the dwindling of
the gold reserve, making another bond issue necessary in
136
THE CHRONICLE.
February to restore the reserve; the renewed agitation
o f the silver question, and the growing aggressiveness
of the Silver Party; the indifference of Congress to the
trials and troubles of the Government in this regard;
the failure of the Federal revenues to meet expectations
because of the depression in business; the passage by
the Senate of the Butler Anti-Bond Bill; and the daily
changing phases in the political world (which were of
immense importance on account of the question at
issue).; These and a variety of other circumstances and
events all combined to give a decidedly unfavorable
turn to the course of affairs.
In respect to the g o ll outflow, the net shipments
reached 80§ million dollars for the twelve months,
against less than 31 million dollars in the preceding
fiscal year ; and yet in this preceding year the balance
in our favor on the merchandise and silver movement
had been only lO lf million dollars, while in the late
year the favorable balance fell but little short of 133
million dollars.
In other words, in 1895-6 an excess
of exports of merchandise, gold and silver combined in
the sum of 2134 million dollars was required to settle
our indebtedness with the outside world, while in
1891-95 the combined sum so required was only 132f
million dollars.
Of course in the earlier year the
Syndicate operations interfered with the normal flow
of the gold current during the closing months, though
on the other hand it should be remembered that
before the arrangement with the Syndicate the
gold outflow had reached unusual dimensions (we
mean in excess of the ordinary trade requirements),
owing to the growing lack of confidence and the fear
on the part of many that a suspension of gold payments
was imminent. It must not be forgotten either that
for a time in the late fiscal year (during the progress of
the bond sale, when a premium was paid for gold to
use in paying for the bonds) the gold outflow was like
wise arrested. In January, indeed, we had the spec
tacle of simultaneous exports and imports of gold be
tween this country and Europe, indicating the unset
tled state of things, one factor in which was the ruling
premium on g o ld : the imports in that month were
$10,367,940, the exports $10,566,526. In February
the gold imports exceeded the gold exports in amount
of $9,375,389, and in March the excess was $293,653,
the movement being very small either way in this latter
month. With the exception of these two months there
was a net outflow of gold in every month of the year.
As to the part played by the securities movement in
affecting the gold currents, this probably tended to
increase the outflow. A t the beginning of the fiscal
year there were indications of a decided revival of
foreign interest in our stocks and bonds, but the im.
proved feeling did not last very long. In December
and January the Venezuela incident led to a consider
able withdrawal of foreign capital from this side, and
hough there have been some larger or smaller loan
negotiations abroad since then, with a fair measure of
success, the general disposition in Europe it would
seem has been to fight shy of American securities ex
cept in special cases. The following shows the bal
ances on the gold, silver and merchandise movements
for each of the last live fiscal years. From the final
total we get an idea of how greatly the aggregate
amount needed to adjust our indebtedness with the
outside world has varied during this period, the sum
being 216 million dollars in 1892, 86 million dollars in
1893, 278 million dollars in 1894, 132 million dollars
in 1895 and 213 million collars in 1896.
[VOL. LAIEL.
F.XCESS O F E X P O R T S ( + ) O B IM P O R T S ( — ).
1890.
1885.
1891.
3893.
1892.
2
S
t
S
f
M e rc h a n d is e +80,224,631
+04,070,783 +237,115,950 —18,735,728 +202,875.680
S ilv e r ............ +10,725,315
+37,671,797 + 37.llli.713 4-17,511,067 + 12,855,173
T ea r Br.diruj
June 30.
T o t a l . . . +182,950.970
G o ld .............. +80,621,287
T o t a l . . . . +213,172,203
+101,761,579 +271,3103463 — i , 191.801 +215,731,159
+ 30,981,119 +
1,528,912 +87,500,103
+ 195,873
+132,730,028 +278,839,005
+80,311,802
+216,227,032
I t will not tscape notice that the net silver exports
have been steadily growing, the amount for the late
year being 46| million dollars, though this would be
diminished by 154 million dollars if we should take into
account the silver imports in ore. The following shows
both the silver and the gold exports and imports back
to 1881. It will be observed that the gross gold out
flow was 1 1 2 4 million dollars, or in excess of that of
any other year for the whole period, though the net
outflow was not quite as heavy as in 1893.
Gold.
Year
ending
June 30
E xports.
Im ports.
Silver.
Excess
o f Im p orts or
E xports.
$
’ 8 8 1 ....
2,565,132
1832 ... 32,587,880
1883.... 11,600,888
1 834.... 41,081,957
1885....
8,477,892
18S0. . . . 42,952,191
1887....
9,701,187
188S—
18,376,234
1889.... 59,952,285
1890 ... 17,274,491
1891.... 86,362,654
189 2 .... 50,195.32?
1893.... 108,680,844
1894.
76,978,0 51
18*5 ... 66,131,183
1896 ... 112,?09,18fi
100,031,259 Im p.
34,377,051: Im p.
17,734,149 Im p .
22,831.317 E x p .
26,691,696 Im p.
20,743,349 E xp.
42,910,601 Im p.
43.934,317 Im p .
10,284,858 Exp.
12,943,342 E xp.
18,232,567 E xp.
49,699,454 Exp.
21,174.38 E xp .
72,449,119 E x p .
35,140,734 E xp .
31,787.84- E xp .
$
97,466,127
1,789,174
6,133.201
18.250,040
18,213,804
22,208.842
33,209,414
25.558,083
49,667.427
4,331,149
08,130,087
495,873
87,5 >0,463
4,528,94*
30,984,449
80.521.287
E xports.
Im ports.
Excess
of
E xports.
*
16,841,715
16,829,599
20,219,445
20,051.426
33,753,633
29,511,219
20.296,504
28,037,949
36,689,248
34.873,929
22,590.938
*
10,544,838
8,095,336
10.755,242
14,594,945
16,550,627
17,850,307
17,260,191
15,403,669
18,678,215
21,032,984
18,020,830
19,955,086
23,193,252
13,286,552
9,552,520
13,1-30.611
$
6,897,477
8,734,263
9.464,203
11,456,481
17,203,000
11,600,912
9,036,313
12,634,280
18,011,033
13,840,945
4.564,108
12.855,473
17,544,007
37,164,713
37,074,797
46,726.345
32,810,55-*
40,737,319
50,451,265
47,227.317
59.862.9o6
N o t e .— G o ld a n d s i l v e r i n o r e . e x p o r rm l o r i m p o r t e d , a r e in l a d e d iti
th e m e r c h a n d is e e x p o r t s a n d im p o r ts .
T h e a m o u n ts h a v e h e e n
c o m p a r a t i v e l y s m a ll, e x c e p t iu t h e o a s e o f t h e n a p «r ts o f s i l v e r in o - e ,
w h ic h s in c e 1 8 8 ft h a v e b e e n a s f o l l o w s ( s o n s ) : i 4 8 6 . 8 ', 2 0 3 . 2 5 6 :
1 8 8 7 , $ 4 ,7 9 8 ,2 8 4 ;
1838,
$ 5 ,1 1 5 ,5 6 3 ;
1833,
$ 6 , 4 5 1 ,’ 1 9 ;
1890,
$ 7 , 7 4 8 , 5 7 2 ; 1 8 9 1 , $ 3 ,9 5 3 ,6 0 8 ; 1 8 9 2 , $ 9 ,6 5 6 ,7 6 1 ; 1 8 9 3 , $ 1 1 , 1 0 0 , 7 4 7 ;
1 8 9 4 , $ 6 , 6 3 1 , 0 1 1 ; 1 8 9 5 , $ 1 0 , 6 5 8 , 6 5 9 ; 1 8 9 6 , $ 1 5 ,6 2 0 ,4 4 8 .
With reference to the merchandise movement, wa
have already said that the imports were in excess of
those of the preceding year, and it deserves to be
pointed out that in this branch of the trade the recov
ery since 1894, when business depression and tariff legis
lation reduced the movement to small proportions, has
been very decided. The aggregate values of the im
ports for the last three years have been: for 1896, 797
million dollars; for 1895, 743 million dollars; for 1894,
654 millions. In 1893 the total had been 866 millions,
or the largest ever reached. While the great recovery
established should not be overlooked, it is equally im
portant ts note that towards the latter part of the fiscal
year the tendency was reversed. In the first four months
of the year the monthly average of the imports was
in excess of 71 million dollars, the amount in
October actually rising to above 75 m illions; in June
the importations had dropped to 56 millions. The
growing accumulation of stocks of goods in the bonded
warehouses tells the same story. The figures for June
30 have not yet been published, but on May 31 the
amount in the warehouses was $48,115,906, against
only $37,133,792 on May 31 last year. The aggregates
of the merchandise imports and exports for the last
sixteen years are given in the following.
VALU E
OF
IM P O R T S A N D
EXPO RTS
OF
M E R C H A N D IS E F R O M
1881
TO
1 8 9 6 IN C L U S IV E .
F ear ending
June 30.
Merchandise.
Exports.
Im ports.
Excess o f E x p o rt
o r Im ports.
Total Im parts
and E xports.
1881...............
1882...............
1883
.
1884
.
1885
.
$
902,377,340
750,512,257
823,839,402
740,513,609
712.189,755
$
042,064,628
724.639,574
723,180,914
607,697,093
577,527,329
E xp . 259,712,718
E xp. 25,902,683
E xp . 100.658,488
E xp . 72,815,910
E xp . 164,002,426
$
1,545,011,074
1,475.181,331
1,547,020,316
1,408,211,303
1.319,717,084
T o t a l 5 y e a rs
A v e r a g e .......
3,959,402,309
791,892,474
8,335,710,138
667,142,028
E xp . 623,752,231
E x p . 121,750,446
7.295,172,507
1,459,034,502
*
THE CHRONICLE.
J u ly 35, ld9«.]
Mf.rcK’in list.
Year eating
J u i e 30.
Exports.
1986.........
1887...........
1988 ...........
1889.......
1890............
079.5*4.830
716.I8S.4U
695.W54.507
742.4U1.375
857.823.081
035,406.136
8a9.SI9,7a9
723,957,114
745. U 1.052
789.31 \409
Tata? 5 yearA v e r a g e . ...
3.*91,892.007
738.378.521
1991............
1892 ... .
1893............
J994............
1895............
Im ports.
Excess o f Exports. Total Imports
or Im ports.
and Exports.
f
44.0S8.694
83.863.443
28. W2.0O7
2,710.277
08.518.275
1,314,960.906
1.104.502 979
1,419.911.621
1.487.533,027
1.047,139.093
3^84.155.079
717.2H.O10
Exp. 105,737,528
E xp . 21.147.503
7,278. 4 7.084
1,455,009.537
S8l.SS0.410
1,080.278,148
847.665.194
80*2.140.572
807,943,432
8l4.O10,!fl3
827.402.462
866.400.W2i
054.994.622
743,806.050
E xp . 39.564.014
Exp. 202,875.686
Im p. 18.715.7*28
Exp. 217,145.930
E rp . 64,’)70.782
1.729.397,000
1.857,680,610
1.711,068.116
1.547.135,' 91
1,551.81 \082
Total 5 years
Average.
4,462.50*1.150
892,551.631
3.937,38 >,852
787.510.170
E xp. 524.9C7.304
Exp. 101.9*5,401
8,40*0,089,008
1,680.017.801
1# 0-...........
?83.f09.024
797,074,3 *8
Exp. 84.224.0U
1,0J0 373,417
*
t
E xp.
E xp
Im p .
lin o .
E cp.
%
137
movement we also find some very low prices, notably
for pork and lard. The aggregate valu3 of the pro
visions and dairy exports was a couple of m'll on dollars
less than in the previous year, but there was
considerable irregularity in the results for the
dfferent items entering into the total— 3 o tn e show
ing gains, others losses. Ia some instances there
was an increase in the quantity shipped, but (because
of the lower prices received) a decrease ia the value of
the exports. Tae following shows the exports of the
four leading staples, singly and combined, and also the
totals of all merchandise exports.
E X P O R T S O F L E A D IN G STA PLE S .
N o t e .—T h>, fo re g o in g figures include gold and s ilv e r la ore, ex p treed
and im ported.
Fiscal Year
T ae merchandise exports ia the late year increase!
even more decidedly than did the merahtidisa im
porta. Tne crop yield last seasen wis favorable to a
large export movement, except in on9 particular,
namely o tto o . Tne cotton crop was decidedly abort,
bat here as it happen? the loss in the quantity ah poed
was offset in great measure by the higher price
realized. As compared with the previoaa year the
8hipmenta were redaced
j ist about one-third,
which meana that they were diminished in amount
of 2 1-3 million bilea.
Pat ia another way,
1,182 million pounds less o f cotton wi8 exported in 1896
than ia 1895, but aggregate values were reduced only
from 205 million dollars to 190 million dollars. The
price received averaged over 8 ceata per poaud in 1896,
against less th ta 6 cents ia 1895. Petroleum is another
commodity that brougu mnch higher prices, the aver
age per galloQ (crude and refiaed combined) hiving
been over 7 cents, against only about 5| cents ia 1895,
and at the higher prices the produc rs were able to
export slightly more oil even than in 1895, in which
latter year the ship me its had been with one exoption
the largest on record. Below we ahow the cottoa and
petroleum exports back to 1876.
June 30.
ending
Bread-
I
*tuJT».
Cotton.
Provisions n
Total F o u r
aw l D airy M r o l t u m
Staples.
Products
Total all
Exports.
$
$
*
$
$
$
!i..................
131,181,555
1876
192,659,202 92,325,308 32.915.786 419,081,911 540,384,071
11.7,00 '.478 171,118.508 118.57W.418 01.781.438 489.293.840 002,475,280
1877
..................
181.777/41 180,031.484 124.845.137 46.574.974 533,229.438 091,865,706
1878
..................
1879........... 210.35 \638 162.304.250 119,857.092 *0,305.249
710,439,441
1830........... 288.036.835 211.535,905:132.48\201 36,218.0 « 688,279,563 835.638,658
18*H........... 270,332,519j247,895,746 156.809.840 40,315.609 713,153,714 902,377,340
1888...... ...! 182,670,528! 199,812.011 192.021,530j 51,933,706j555,7-36,408 750.342,257
1883........... 908.040,850;247.328,7211109,217,119 4i.0l3.079 009.199,769 «23,839,402
162.541.715 197,015.204 114,358,788 47,103.218 521,016,9551740.513,609
1884
160,37” ,821 201.962.458 107.332.450 50,257.94 519,921,682 742.189,765
..................
1885
1886
..................
125,846.558 205.0S5.612 90.025.216 50.199.841 471.757,200 679.324,*30
165.768,662 300,222.0571 92,783,296 46,821.915 511,598,930 716,183,211
1887
..................
!'27.194.087 ‘2...................
21.016.760' 93,058.080 47.042,109 190,308,03’' 095,954,507
1888
...................
1889. ....... 123370.031 2n.775.270 101.132,411 49.913.677 515.638,052 712,401,375
1890........... 1154,025 927 250,963.792 138.264.5)01 51.404.o89 503.562.314 857,828,084
1891 ......
1128.121,656 290.7l2.89s 139,017,4 71 53,026,734 009.873,759 S84,4S0,810
1802. ...
289,363.117 258.4 U.211 l -0.302,150 44/05.99 i 742.902,509 1030278148
1893___
20 >,312.054 188,771,14- 138.401.591 42,142, *5 509.037.748 847,605,194
1494 ....
160,777,229 310.80*,28> 145,270,6»3( 41.499.8 Hi »0J,4 M.967 892,140.572
1*95 ....
114,0<>4,78'> 304.90 >,9l» . 131.031.379 46,60 >,0V> 499,803,231 807,913,132
1396* ........11tO.805.372 9 ),O*>5.019 131,01*.4241 62.318.40 ! 521,995,017 S83.209.024
• Fugurei for 18 «6 subject to slight corrections.
♦ Inaludln* both crude end redaed. and also resttluun.
It will bi see i that cud lucraaie in tne late year in
the fin r staples was 21 mi liou della-s, bat that the in
crease in all merchaudiie experts was 75 million doll irs,
leaving over fifty million dollars iacret<e in olher ar
ticles and coramolicies. TnU increase ie distributed
pretty evenly througi the list, a il is oie o !,t ie f averable features in the exo ere era le.
H A LF Y E A R L Y
P IG IRQ V PRODUJTION.
As
a
guide
to
the
immediate
future, the statistics of
Y ear ending June 90.
Pounds.
Bales.
Gallons.
pig-iron production fer the half-vear ended June 30
3,214.635
1876......................................
1.491.405.334
241,078,748
1896 which the American Iron & Steel Aisooiation,
3.1*0.472
1.445,369,130
1077.....................................
306.002.294
187*..................................
1.607^33.611
3.3V1.7V5
334.8.2.513 through M •. Jam is M. Swank, has male public, de not
1.079.......................................
1.6/8.372,033
3,4*2,741
375,002.972
same degree of im u rtaa oi that they
I860....................................
419,197.099 pessess the
53/11.153
1.822.061.114
2.190.988.772
394.412.402 usually do.
1481.......................................
4JM9.749
Tnis follows from the fact that owing to
M94.706
1 " * * ......................................
1.739.975.961
5V.239.2i8
4,'^VW 8
the ques
1 * 0 .......................................
2.888.075,062
499.740.260 the pending Presidential election, at w iic i
3.8HI.238
1.402^72.5*0
508,304.904
14M......................................
tion of monetary stand ards is at iss ie, business is cer
3.964*JA8
1/81/59.472
508.106,520
14*.*.................................
1 W ....................................
374.55'.4W
4.283.723
2.068,067.444
tain to be more or less disturbs 1 for severa' meiths, so
1>**7.......................................
4.499,379
*.169,457,330
589.551.411
that
fall activity cannot be expected in the iron trade
19H0
............
4.686/17
*,*64,120,626
576.942^395
14*,
...................
*.381.016.609
4*872,000
014,311.805
any
more
than ia otu er d ip t ’ t n mts of i l lust -y.
1m90.......................................
3
2.471,799,853
661.845/98
2.907.350,790
1*6*1 ....................................
5,«r*.779
708.220.777
Nevertheless, the figures are sirviceable i i showiag
2.930.319.411
1892
5.4MI ,411
714.8-18.179
that, tbs iron ou'.put cou i eue 1 largs, not vithstanding
l-wn ....................................
HOfl.rtHO,
4.431.220
9.21*. 115.126
1H* ......................................
5,39*7.409
2.687.*’«.325
9tA4.0U.3-76 the unfavorable
o i d i t i o i i which rulel almost all
6.965J458
...............
2.617.4**. 99
844.* 14.574
1896‘ ....................................
4,*J39.7i5
2,335,215315
»89,738,5 37 through the whole of the six mmths fro u January to
• Inclados both c r a ie mad raflaed. bat not raslda jm . tbs exp »rt* o f the June.
O f course not as mnch iron wts mids as in
U tter being r m r j j m UK
♦ flfu r o i fo r 1 * 8 i3 b ;«et to slicht correction*.
the last half of 1895, b it with that exeepeioa the pro
The effect of the higher price for petroleum was to duct was the largest f or any half-yearly psrio 1 in our
increase the value of the shipments from 46 m illioi history. The folio ving show) the outp it for each halfdollars in 1395 to 62 million dellars in 1896, thus more year since the beginning of 1885.
P R O IM 7 0 T IO * UK PIO [R O T IX H A I.P -V E V R L V PE R IO D S.
th an counterbalancing tho 15 million dollars loss in
G ross Ton s.
O r >88 T on s.
cotton. I i the breadstnffs exports, as we showed in
. . . 3 , 3 5 3 ,1 0 7
L . 8 91 — U 6 U % l f
..1 ,9 1 1 ,7 0 3
2d h a lf ...
.. . . . U U , l i l
2d h a lf
an article last week, there was an increase of 26 mil
. . 1,70 *,6 8 3
i 8 8 6 - ; f t r u.tir . . . . . . .
18 i i - t a t . i i i r
2 ,d t7 .H 8 2
. . 1 ,4 8 7 ,3 1 7
______ K » i " > . « n i
2d ha f
2d h a lf ...
lion dollars; the wheat and fi »ur exports fell off, bat
..1
,5 0 2 ,9 1 3
1
3
9
J—
U
r
.
Il
t
l
f
.
1 8 8 7 — i s t t i f t i f ____
........ L O t K i U
.. 2 ,5 0 1 ,5 8 4
2-1 l a l f
2 d h a l f . . . . ............3 , 3 5 7 , 8 5 1
there was a very great expansion in the erports of corn,
.
.
2
,7 1 7 ,9 3 5
.
.
.
.
3
,
)2
),
>:*
!
l
L
)
l
U
t
l»
t
l
f
18 1 8 - I s t h a lf
...
. . 3, »3 9 ,4 0 5
2 l h a lf.
2 d H alf ....
and also a large movement in tho minor cereals, tiki
. . 4 ,0 3 7 ,5 5 3
1 8 3 9 — 1st h alf. ...
...
3 ,6 0 1 .6 )3
1 ,93 - 1 s t h ilf
.. 5,3 > 3 ,7 5 0
2 1 li if .
oats and barley. Tne price for wheat and fliurwas
2 d h a lf
. . . ...........3 , 0 4 2 , 0 . 1 9
. . 4 , > 7 0 ,2 3 >
1 8 )3
1st h a lf
l S U e - l s t n a if. . . . . . . . . . 1,530 ,5 1 3
better than in the previous yea- ; the price for ciru,
2 d h a l f . . . . ...........4 , 8 4 2 , 1 3 4
i t will oe seen chat tne proluotio i for the first
h iwever, was the lowest for the whole period included
in our tables. Ia the case of the provisions and dairy h alf of 1896 wts 4,976.236 tons, agaias’. 5,3)3,73) tois
Cotton Exports.
• Petroleum .
138
THE CHRONICLE.
[VOL. L X III.
ence to men who know how to talk common sense on the
money question. There is great need o f elementary in
struction, even among voters of more than average intel
ligence. The plaia and practical facts of the case are not
generally known. Not one in ten of the people have a definite
comprehension of the a b c of a subject which just now has a
vital relation to their interests. Mon in favor of the gold
standard as well as men against it are unable to discuss the
issue in a logical and satisfactory way, because they lack the
necessary information. Heretofore, financial matters have
been left principally to the care of the experts, and the masses
have not given much thought to them; but this year the cur
rency question comes directly home to all citizens and is to be
decided by them. It is not a question of sentiment, or even
of politics, strictly speaking, but of business and of bread.
Tbe right kind of a judgment will be rendered if the people
can be made to understand the issue and to see how and why
free silver would be a serious misfortune. But they can not
understand it as the theorists and technicists, the pedants and
ing to fuel used.
statisticians, present it. They need to have ic simplified to
PR O D U C T IO N ACC O R D IN G TO F U E L USED.
them, and explained in every-day terms and illustrations.
* * * There are thousands of men who honestly believe
G ross T o n s •
that the gol 1 standard is a bad thing because it has never
F irs t S ix M on th s.
1891.
1892.
1893.
1894.
1895.
1896.
been put before them in a proper light. They do not mean
2,202,044 to go wrong ; they are merely ignorant o f the facts that
Bituminous coal&coke 1,155.528 3,497,070 2,203.239 3,470,444 3,558,009
Mixed anthr. & coke \ 081,011
412,047 855,234 931,699 907,053 would set them right. Such men can be reached and con
487,479
vinced with arguments that are so constructed as to enlighten
Anthracite alone — ’
102.697 237,240 279,915 259,010 the ordinary mind with elementary truths. Academic and
108,001
Charcoal................... 130,697
3,368,107 scientific discourses are well enough iu their way, but they
T o ta l.................... 1,976,230 4,087,658 2,717,983 1,502,918 4,769,683
do not influence the average voter. The success of the cause
Unsold stocks—
520,590
575,806 578,831 775,855 482,400 of honest money depends upon the kind of education that
705,847
506,132
661,328 707,318 535,018 627,283 helps the common people, as Lincoln called them, to think
December 31..............
along common lines to correct conclusions. I t is not pro
N o te —In above stocks are included amounts reported held b y the
A inerioan P ic Iron Storage W arrant Com pany in its yard s not m id er found philosophy that is needed, but the common sense that
deals with a subject in a practical way. * * *
the control o f makers, namel y 60,960 gross tons June 30,1896; 6 1,8 0 0
in the second half of 1895 and 4,087,558 tons
in the first half of that year. In other worls, as com
pared with the corresponding period of last year there
has been an increase of almost nine hundred thousand
tons. I f we should compare with the first half of 1894,
we should find an increase of 2^ million tons, the fig
ures standing 4,976,236 tons for 1896 against 2,717,983
tons for 1894; hut in this latter period, as we know, the
output had been reduced to very small proportions by
the coal and coke strikes, as well as business depres
sion. Below we indicate the output for the first six
months of each of the last six years, classified accord-
gross tons Deoem > er3 1,1895; 81,300 gross tons June 30,1895 ; 63.640
gross tons Deo. 31, 1894; 58,830 gross tons June 30, 183 I; 45,250
gross tons Decem ber 31, 1813; 29,610 gross tons June 30, 1893;
29,500 gross tons Decem ber 31,1892; 37,903 g r o s i tons June 30,
1892; 30,900 gross tons Decem ber 31,1891; 40,351 gross tons June
30,1 891 , and 52,937 tons D eoem ber 31,1 830 .
The foregoing, it will be observed, also shows the
changes in stocks, an important item at a time of large
production and trade depression. Ic appears, how
ever, that the addition to the stocks ha3 not been as
heavy as might have been supposed possible. A llow
ing for all the iron held by the American Pig Iron
Storage Warrant Company in its yards, the aggregate
of the unsold stocks June 30 1896 was 705,847 tons,
against 506,132 tons Djcember 31 1895, the increase
thus having been less than two hundred thousand
tons. Allowing for this addition to the stocks, and
allowing also for the changes in stocks in other years,
we get the following statement of the apparent con
sumption of iron in the first six months of 1896, as
contrasted with the same six months of the five pre
vious years.
SENATOR T IL L M A N AND THE GROWTH
OF THE WEST AND SOUTH.
The following letter explains itself. A n article in
reference to the same will be found on preceding
pages.
P h il a d e l p h ia , J u ly 14, 1896.
The Editor of the F in a n c ia l Ch r o n ic l e :
Sir : Iu your valuable article in the current issue of the
C h r o n ic l e , entitled “ Chicago Convention and its Results,”
you state that you w ill have a good deal to say in your paper
concerning the great issue now before American voters.
This w ill be grateful news to thousands o f thinking men who
have grown accustomed to looking for timely and important
ideas in your journal.
It is probable that you can perform a patriotic service by
calling attention to the error in some very misleading figures
prepared by Senator Tillman and published in the New Y o rk
World of the 7th inst. His article has been copied in many
other papers without any reply that can be considered at all
adequate. He said that between 1880 and 1890 the State of
Massachusetts increased in wealth $569,377,824 and the five
States of Ohio, Indiana, Illinois. Iowa and Missouri increasd
in wealth but $572,829,751. A careful attempt to verify these
figures from the Municipal Bond Supplement of the Ch r o n CO NSUM PTIO N O P DO M ESTIC P IG IR O N IN U N IT E D STATES.
io le shows that they are not even approximately correct.
G ross T o n s o f 2,240 L b s .
I have not examined the figures from other groups of
First S i x M o n ths.
States contrasted in the article, thinking that this shows in
1894.
1895.
1896.
1893. | 1892.
1891.
part the unreliability of the conclusions. I say in part,
Production.................. 4,970,236 4,087,558 2,717,983 4,562,918 4,709,683 3,368,107
because the point to which I wish to call your attention, and
43,2151 148,622 •179,452
Increase iu stock......... 199,715 •110,738 *131,452
which I think readers generally would find of interest [if
Consumption. .... 4,776,521 4,228,296 2,849,435 4,519.703! 4,621,061 3,547,559 your statisticians can endorse i t ] , is that the difference in tne
•Decrease.
method of assessing property East and West shows that in the
Thus 4,776,521 tons of iron were disposed of in the five States Mr. Tillman names wealth has increased in a much
rapid ratio than in Eastern States. The assessments in
first half of 1896, against 4,228,296 toDS in the first more
Massachusetts are placed at from two-thirds to three-fourths
half of 1895, 2,849,435 tons in the first half of 1894 of the actual value, while those in the Western States men
and 4,519,703 tons in the first half of 1893. Tne tioned and many others would not average one-fifth.
The policy of assessing both real and personal property at a
amount for 1896 is the largest ever reached in the small fraction of its value has been practiced more generally
first six months of any year, and considering that this in the West than is realized by Eastern men. In the three
Eastern States of Massachusetts, New York and Pennsylvania,
has been the result in a period of unfavorable trade, which Senator Tillman cites in his comparison, property is
with very little new railroad construction in progress, assessed at fully 2-3 of its value. Ia Illinois, for example, both
urban and rural valuations are nearer 1-15 than 1 10 of the
and with the railroads buying only moderately for their real value. The F in a n c ia l Ch ro nicle states that Chicago
property
is assessed at 1-10, but municipal bond circulars claim
general wants, it affords much promise for the future
that a careful comparison of the selling and tax value of many
when business conditions shall again permit full activity classes of property shows the assessment is about 1-14 of the
real value. Mayor Swift of Chicago in a late public appeal
in our industrial affairs.
urged that Chicago tax-payers acquiesce in an assessment of
1-5 of the true value.
Any man who w ill make sufficient inquiry can verif y this.
THE K IN D OF INSTRUCTION NEEDED.
One of our subscribers asks us to give prominence to the It is probable the group of States named increased 50 per cent
in wealth during the years from 1880 to 1890, as Mr. Robert
following from the St. Luuis Globe-Democrat. W e agree en P, Porter estimated for the country.
tirely with the writer in the Democrat that what is needed
The importance of making these facts plain at the earliest
ii plain, elementary instruction on the question which is the possible stage of the campaign should be clear.
I f it should be known on the 4th of November that the
absorbing issue of the day.
Chicago platform is to be the policy of the Government, every
P R IM A R Y INSTRUCTION.
man who has any assets would hold them at double the pres
It is to be hoped that the Republican managers, in selecting ent price, if sold for future “ lawful money*’ payment. The
stump speakers for the pending campaign, w ill give prefer- country storekeeper would not give credit and take the sale
THE CH110N1CLF.
J u l y 25, 1896.J
139
« f next year's harvest in payment unless he marked up his 1894-95. The exhibit for June and the twelve months is as
goods 1 0 0 per cent. The banker would not make a loan unless follows :
a note was given for doable the money furnished or he was
IM P O R T S O F G O LD A N D S IL V K R A T S AN FR A N C ISC O
assured in some way that he would be paid the equivalent of
G O LD .
S IL V E R ,
gold. The debtor whose loan should mature after the 3d of
MONTHS.
November and who could not pay it in gold would be fortu
Ooin.
B u llio n
Total.
Coin.
B u llio n .
Total.
nate if he could get an extension with the same security for
1 8 9 5 -9 6 .
$
$
double the amount o f his obligation.
$
$
$
9 ,3 3 0
42?40C
u l y .........
5 1 ,7 3 0
7 ,1 3 5
1 2 8 ,9 5 5
1 3 6 ,0 9 0
The voter who thinks he can lose nothing should under JA.u*ru8t—
245
9 0 ,2 4 0
9 0 ,4 8 5
1 0 ,7 0 8
7 6 .1 7 1
8
6
,8 7 9
stand the stages of the destruction he is promoting ; first busi Septem b’r.
8 ,3 1 5
8 8 ,8 1 8
9 7 ,1 3 6
2 2 7 ,8 7 7
1 1 9 .5 0 1
3 4 7 ,3 7 8
1 5 ,2 1 2 9 2 ,8 6 0
1 0 8 ,0 7 8
ness caaos, and then his own humiliation, and know that the O c to b e r...
7 5 ,4 4 0
1 2 3 ,6 9 9
1 9 9 ,1 3 9
1 ,1 8 0 1 1 1 ,1 5 7
ovem ber
1 1 2 ,3 3 7
8 ,7 1 5
8 6 ,2 1 3
poor man who votes for free silver would Mexieanize the N
9 4 ,9 2 8
8 3 ,5 4 9
8 ,4 4 8
December.
9 1 ,9 9 7
6 9 ,6 2 1
6 7 ,1 8 7
1 3 6 .8 0 8
United States to the great harm of both business men and January...
1 3 ,8 2 1
6 9 ,2 1 2
8 3 ,0 3 '
2 ,3 4 1
1 3 3 ,1 2 9
1 3 5 .4 7 0
4 ,5 9 5 3 8 ,6 0 1
February..
workmen, and the p ofit solely of the rich.
4 3 ,1 9 9
7 1 ,3 0 5
9 1 .5 2 0
1 6 2 ,8 2 5
1 ,2 6 0 4 8 ,2 3 1
March-----4 9 ,4 9 1
9 4 ,2 8 6
1 0 9 ,1 8 4
Y i urs truly,
Be pus W a p le s , Jr .
2 0 3 .4 7 0
IMPORTS AND EXPORTS FOR JUNE.
The Bureau of Statistics has issued a detailed statement of
the foreign commerce of the country for the month of Juue,
1896 and 1895, and for the twelve months ending June 30 in
1895-96 and 18M-95, as follows :
A p r il........
M a y .........
J u n e ........
1 2 .0 4 5 1 0 8 ,8 2 3
5 ,7 3 8
8 0 ,9 5 7
1 1 ,8 2 6 9 6 ,2 3 t
1 2 0 ,8 6 *
8 6 ,6 9 5
10*J,0 6 2
2 9 ,8 4 5
9 ,4 6 2
2 6 .9 7 C
12 mo#, end. J u n e 30.
$S63,K'5,431
1895-96.—E xports— Dom estic...... ...... $04,863,391
F o reig n ............. .
T o ta l...............................
Im p o rt*—Free o f d u ty ___ ____$25,146,179
D u tia b le................... 31.012,866
*369.736,398
409.930,908
*779,717,306
T o ta l.............................. .
K x c «*a o f e x p o rts .........................
1894-95.—E x p o rt*—D om estic...... ____*53,733.093
1.229.737
F oreign .............. ......
*102,? 01.923
$793,392,599
14.145.566
T o ta l...............................
Im p o rt*—Free o f d u t y .... . . . #30.743.052
D u tia b le................... 30.91-<,992
$807,538,165
*383,233,795
3*>8,738,i70
T o t a l...............................
$731,969,965
Excess o f e x p o r t s .......................
Excess o f Im ports......................... .
*75,563,200
1 6 9 .0 5 2
1 1 4 .5 0 8
2 2 2 ,8 9 1
T o.kl2 m oa
9 2 ,0 1 8 9 5 1 ,0 9 j 1 ,0 4 3 ,1 1 1 ___ 6 3 3 ,7 0 5 1 ,4 0 5 ,7 3 a 2 ,0 3 9 ,4 3 8
E X PO R TS O F G O LD X SD S IL V E R FRO M SAN FRANCISCC >.
GOLD.
8 IL V E R .
liO N IH S .
Coin.
B u tl’n
Total.
]
Coin.
B u llio n . I
M E R C H A N D IS E .
June.
1 3 9 ,2 0 7
1 3 5 ,0 4 6
1 9 5 ,9 2 1
1 8 9 5 -9 6 .
J u ly..........
August---Septem b’r.
O c to b e r...
N ovem ber
DeoeintM r.
January ..
February..
M arch.......
A p r il........
M a y.........
J u n e ........
7 1 ,3 2 1
6 2 ,8 4 4
6 1 ,7 4 8
1 1 2 ,3 1 6
5 6 ,6 9 7
9 2 .4 1 5
2 9 ,5 1 2
4 ,7 6 0
7 ,8 4 *
5 7 ,0 6 3
1 1 0 ,4 6 0
1 7 1 ,3 3 5
Tot 12 mos
8 4 9 .3 1 9
*
1 ,1 6 0
25
460
*70
3 ,1 0 0 ;
ib o
*4 0
140
1 ,8 5 0
290
8 0 ,4 8 1
2 3 1 ,8 7 5
2 4 8 ,3 4 9
6 2 ,8 6 9
6 2 ,2 0 8 1 ,2 0 9 ,4 0 0
1 1 2 ,3 8 6
8 3 3 ,3 0 9
5 9 ,7 9 7
7 5 6 ,4 9 ^
4 3 8 .5 2 5
9 2 ,4 1 5
2 9 ,6 1 2 .
190*1)43
4 ,7 6 0
5 7 4 ,3 5 4
7,88**
4 2 5 ,1 7 5
7 7 ,5 7 2
5 7 ,2 0 3
1 1 2 ,3 1 0
5 3 ,8 5 9
1 7 1 ,6 2 5
2 6 2 ,9 5 0
Total.
$
$
5 6 0 .0 0 0
7 9 8 ,8 7 5
3 2 5 .0 0 0
5 7 3 ,3 4 9
8 1 3 .3 5 0 i 2,022,750
5 2 0 ,8 0 0 1 1 ,3 5 4 ,1 0 9
7 3 8 ,5 4 8
1 ,1 9 5 ,0 4 3
4 2 6 .1 ' 0
8 6 4 ,6 2 5
4 4 7 ,7 0 0
6 3 7 ,7 4 3
4 1 9 ,5 0 0
9 9 2 ,8 5 4
4 1 6 .3 5 0
8 4 1 ,5 2 5
6 0 9 ,8 9 0
6 8 7 ,4 6 2
5 6 5 .0 0 0
6 1 8 ,8 5 9
6 1 3 ,3 0 5
8 7 6 ,2 5 5
7 , 2 3 5 1 8 5 3 ,5 5 4 ! 5 ,3 0 8 ,9 0 6 6 ,4 5 4 ,5 4 3 ’ l l . 7 6 3 ,4 4
8T 03 K S X 0 H A N 9 B U L S A R IN a -H o U S K TR AN SA C TIO N S. — The
subjoined statement includes the transactions o f the Stock
Exchange Clearing-House from July 13 dowu to and includ
ing Friday, July 24; also the aggregates for January to June,
inclusive, in 1893 and 1895.
STOOX aiO H A N O R J L S I R I N 1 HO U SE T R A N S A C T IO N S
G O LD C O IN A N D B U L L IO N .
1 8 9 5 -9 6 .-E rp o rts.............................. .
Im p o r t* ............................. .........
*8.915.008
899,325
*112,309.138
3 l,7 e7 ,8 4 9
Excess o f e x p o r ts ...............................
C i c « m o f Im p o r t s ................................
1894-95.—E x p o r t* .................................
Im p o rt*.......................................
*6,015,741
*80,521,287
*131.841
2.095.391
*66.131.183
35.148.734
Excess o f e x p o rt* ....... . . . . . . . . . . . . . .
Excess o f Im p ort*. ..................... . . . .
............
*1,963,750
*30,984,449
............
O O LD IN ORE.
1895 96.—E x p o r t* ................................
Im p o r t*......................................
*13,470
95.631
*100.811
1,736.639
Excess o f I m p o r t * ................ .... . . . . .
1894-95 - E x p o rts .............. ...................
Im ports ......................................
*82,211
*3 .9 0 7
203,888
*1,635,328
*337,298
1,233,026
Excess o f Im ports ................................
*199.981
*900.728
SILVER COIN AND BULLION.
1895-96 — E x p o r t* ................................. *4,317,778
Im p o r t* .................................... ..
1.2 6,951
*59.862.958
13.136,811
E x ce** o f e x p o r t* ................................ .
1894-95.—E x p o r t*.................................
Im p o rt*......................................
*3,140,827
*1.087,836
959,004
*46,726,345
*47.727.317
9.552.520
Excess o f e x p o r t* ..................................
*3,128.232
*37,674,797
•1LTRR IN ORE.
1895 96.—E x p o r t*................................
Im p o rts.......................................
*95.638
1,379,246
*678,984
15,62<>,443
Excess o f I m p o r t * ................................
1894-95.- E x p o r t * .................................
Im p o r t* .......................... ...........
*1.293.603
35.202
*1,075.912
*14.941,464
*87.969
10.658.65 l
Excess o f Im p o rt*..................................
*1,040,710
*10,590.690
IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN FRANCISCO.
W e have received this week from the Collector of Customs
at San Francisco the details of ira o rts and exports of gold
and silver through that port for the month of June, and
they are prewnteii below, together with the figures for the
preceding months, thus completing the results for the twelve
months of the Used year 1895-96. The imports o f gold were
greater than in May, the amount received reaching -S10'*,062. of which $11,828 was in coin; but of silver there
came in $222,901. of which $195,921 was bullion. There has
been received daring the twelve months a total of $1,04:3,111
gold and $2,039,43-9 silver, which compares with $1,873,487 gold
and $2,047,171 -diver in 1894-95. The shipments of gold during
June were heavier than in any late month, reaching $171,335
coin and $290 bullion, and the exports o f silver have been
$282,950 coin and $813,305 bullion. For the twelve months the
exports of gold have been $8 5 3 , 5 5 4 , against $708,293 in 1894 95
and *11,783,449 silver has been sent out, against $'.3,314,012 in
— Sharrs, ooth rules. —.
Cleared. Total Value
IS 9 3 ujkrr...
February..
'lurch......
$
*»rt.200.000
'• '
■ >
1.207.500.000
1.001.800.000
1.003,400.000
1.1 *1. 2 >0.000
fl mot ...
IN 9 6 Uuuary...
February.
Vtarcb......
AprtL.......
........
100.0 KJ.7H) 0,575.40J.0J0
18.503.600
12.030.000
10.057.700
I6.7W.200
A p r i l ........
' U r ......... 28,220.100
Jane....... 17.305.000
J a n e .........
6 caofl ..
1,091.000
007.500
m s looo
1,710,500
8,151,900
2.070,100
10.514,0)0
$
08.700.000
65.000.000
85.400.000
94.500.000
109.900.000
114.500.000
$
1.483.100
1,138.500
1,920,400
1,399,800
2,157.200
1,544,000
6,434
5,516
0,540
0,434
7,391
6.402
570.oOO.OOO 9,014,100
88,710
15 238.500
907.700.0 M)
1,011.200
I7.004.1FkJ 1.009.000.
0 )0 1.9 >5,500
10.075.COO 1.000.
000.0001,631,500
14.0 tt,2 X)
984 <>00,000
1,082.100
750,8 K),)00
10.201.000
1,1*2,000
15.1W.0O) L, 182,400,000
1,694.100
AS. 400 000
106.300,000
91,000.000
99.rt00.000
0). MO.000
95.900.000
1,445.000
’ ,304.400
1.453,800
1.233.300
923.800
1,325,500
0,876
0,201
0,811
0.408
6 733
0,307
89.421.SOO
559,800,000 7,744.800
38,515
6 970.100.000
-S h a r e s ,o o t h sides.
Cleared.
Total Yatus
Ju ly
“
••
•*
"
--------Balances, one side------- . Sheets
Sharee. Value Shares. Cash. Cleared
S
13 . 800.300 56.600.000
14.. 635,000 43,500,000
15 . 879.800 59.100,000
16.. 1,460.700 89.600,000
17 .1,473,100 83,300,000
10,657,400
------Balances, one t i d e --------. Sheets
Shares. Value Shares. Cash. Cleared
74,900
53.300
82,300
144,■'OO
14 4,000
*
*
4,500,000 98,400
3,200,000
0 6 ,8 0 )
4.8 >0,000
73 ,"00
7,500.000 129,800
7,000,000 103,900
298
297
315
334
334
Tot. w k .5,248,9 )0 337.6 00,00 0
Wklastyr4.653.300 320. i OO.OOO
July 20 .1.267,900 77,000,000
•• 21.. 1,504.300 89.5 10,000
" 2 2 ..1,300,300 '9 .8 00.03 0
" 23 .1,06®,500 71.SOO.O 0
*• 24. .1,011,800 63,000,000
191,900 27,000,000 471,900
459,600 26,300.0 )0 389,300
106,900 5,400,000 100,500
127,100
6.100,000 123,800
108,7-)0 5,900.000
91.500
91,300 5,100.000 T36.800
97,600 5,600,000 58,100
1,578
1,526
333
310
324
321
318
Tot. wk. 6.155.300 336.100.000
W klastyr4,757,400 320,200,000
531,600 29.100,000 513,700
493,100 23,300,000 423,400
1,636
1,589
The stocks cleared now are American C >6 tjn Oil common,
American Sugar common. Am ericin Tobicoo common, Atch
ison, Central of N. J.. Chesapeake Sc Ohio. Chica -o Biriington
& yuinoy, Chicago 4 is, Chicago Mil wa ikee & St. Paul com
riKou. Chicago & North Western common, Chicago Rock Island
Sc Pacific, D da ware Sc Hudson. Delaware Lackawanna Sc
Western, Distilling & Cattle Fe lling, General Electric, Lake
Shore & Michigan Southern, Louisville & Nashville, Manhat
tan, Missouri Kansas & Texas preferred, Missouri Pacific, New
York Central, New York L»ke Erie Sc Western, New York 45
New England, New York Ontario Sc Western, New York Sus
quehanna & Western preferred, Northern Pacific preferred,
National Lead common, Philadelphia & Beading, Southern
Railway common and preferred, Tennessee Coal & Iron, Texas
Sc Pacific, Union Pacific, United States Leather common and
preferred, United States Rubber common, Wabash oommon
and preferred. Western Unioa and Wheeling & Lake Erie
oommon.
B X J ttc ta r 0 f< jIo m ttte r c ta l^ u g U a ft| | e to s
(F ro m our ow n oorrespon den t.l
L o n d o n , S a t u r d a y , July 11, 1896.
Rumors are ci culating all over Europe just now that Bul
garia, Servia and Montenegro are negotiating a triple alliance ,
under the protection of Russia. Another report is that Austria
aud Roumania are lira wing closer together ; and a third, that
THE CHRONICLE.
Even the South American department is q u iet; and British
railway stocks, which were eagerly dealt in last week, are
rather neglected this week, partly no doubt because quota
tions have been pushed up to such an extravagant height and
partly through fears of strikes. The international bourses are
failly steady ; Berlin, however, being more active than Paris;
and there is exceedingly little doing in gold shares of any kind.
Everything is looking favorable in the Transvaal ; the polit
ical difficulties seem to be ended ; labor is abundant; water is
[V ol LXIII.
in good supply. Even the difficulties of transport are being
overcome ; but the continuance of the insurrection in Rhode
sia is deterring operators, and the dulness of the South A fri
can market is reflected upon Western Australia and N ew
Zealand.
Our foreign trade keeps good. The occurrence of the
Whitsuntide holidays interferes with the comparison of the
trade of June ; but taking May and June together, by which
the holiday interferenoe is removed, the exports of British
and Irish produce in 1896 amounted to £39,843,000, in
contrast with £36,144,000 in 1895, and in 1895 there was con
siderable expansion compared with 1894. The imports have
changed very little compared with last year, the value of the
two months’ arrivals being £68,578,000 in 1896, against
£68,647,000 in 1895. Shipments of British goods o the United
States continue to show a shrinkage ; in May and June com
bined American purchases b a i amounted to only slightly
over two millions, in contrast with over three millions in May
and June last year. India and the Far East, the Continent,
Australasia and South America are all buying British goods
more freely.
The imports since January 1st have been as follows :
1896.
I
m po rts
.
1895.
£
Expo
rts
203,637,700
sinoe
1st h a v e
J a n u a ry
1896.
.
s
P e r C l.
+1,730,375
+7,342,247
+2,38 1,8 60
+ 1,16 7,4 42
— 1,402,098
+1,334,671
+ 1 -7 9
+ 2 6 09
+6-63
+4-27
— 4 03
+3-9 3
+12,793,335
+ 6 '2 8
36,743,181
28,134,489
35,959,890
3 t ,341,358
34,752,096
33,894,584
6 months... 216,481,035
he e x p o rts
D iffe re n c e ,
£
J a n u a ry ........ 38,473,856
F e b ru a ry ___
35,476,736
March............... 38,344,750
A p r il................. 35,808,800
M a y................... 33,349,988
Ju ne.................. 35,229,255
b e e n as f o llo w s :
. D iffe re n c e ,
1895.
£
£
January.......... 21,127,168
F e b ru a ry ....... 1^,683,456
M arch............... 20,422,419
A p r il................. 18,426,699
M a y................... 18,812,927
June.................. 20,530,053
g.
18,224,236
15,973,095
18,523,030
17,252,311
18,344,744
17,900,100
6 m on th s... 119,002,722
P e r a t.
+2,902,932
+3,710,361
+1,899,389
+1,174,338
+468,133
+2,729,953
106,117,516
+15-92
+ 23-22
+10-25
+6-80
+2-55
+ 15-33
+ 12 ,8 85,20 6
+ 1 2 14
The re-exports of foreign and colonial produce since January
1st show the following contrast:
1896.
R
e -e x p o r t s
.
1895.
£
J a n u a ry ........
F e b ru a ry .......
M arch.............
A p ril...............
M a y....................
Ju ne...................
4,825,707
5,638,232
4,623,326
5,411,590
4,770,958
4,668,976
6 m onths. .
29,938,789
D iffe r e n c e .
£
£
3,887,258
4,4e7,824
4,846,599
6,608,115
5,215,785
5,265,773
+ 9 3 8,449
+1,230,408
—223,273
-1 ,1 9 6 ,5 2 5
—414,827
—596,797
30,231,354
Per
at.
+ 2 4 -1 4
+ 27-91
—4-60
- 1 8 -1 0
—8-52
— 11-33
— 292,563
—0-96
The rates for money have been as fo llo w s :
|
Roumania has again offered to Germany and Austria to
enter the Triple Alliance. For the moment, however, these
reports are not attracting as much attention as they would
have received at another time, as the belief is very strong
that Russia will use all her influence to prevent a disturbance
of the peace.
The Sultan has given way in regard to Crete, but whether
the concissions granted will be carried out in the true spirit is
very much doubted. One great advantage in regard to Crete
is that Turkey cannot send troops there without the consent
of the Great Powers, and therefore that the means of putting
pressure upon the Sultan are very different from those that
existed in the case of Armenia.
The insurrection in Rhodesia is spreading, and the resistance
offered by the natives is more formidable than had been antic
ipated. There is reported to be very much dissatisfaction
among the white settlers in the manner in which the military
authorities are carrying out their operations, and here at home
people are unable to understand how it is that Sir F.
Carrington has refused reinforcements from home and from
the Cape Colony. Spain is making super human efforts to re
inforce her troops in Cuba, and she has arranged with the
Messrs. Rothschilds for a new loan in consideration of a re
newal of the quicksilver lease.
But although every one believes in the maintenance of peace
in Europe, there is ^exceedingly little doing upon the Stock
Exchange. Trade, on the other hand, is extremely good, and
the British crops turn out better than any one dared to hope a
little while ago. For the whole United Kingdom the average
of wheat is-sreported by the Times to be 104. Barley and oats,
too, compare favorably with twelve months ago; so likewise
do potatoes, beans and roots. Even grass is reported to be better
than it was twelve months ago. The drought from the middle
o f March to the middle of June was almost unbroken, and
there were very serious fears that hay, particularly, would
almost fail. According to the Times, the grass crops on the
first of this month work out 75'6, against only 68'4 at this
time last year.
The interest on the national debt was paid out by the Bank
of England on Monday, and the market thereby was enabled
to repay its debts to the Bank almost without a move in the
market. Money is therefore abundant and cheap once more,
and is likely to continue so for the remainder of the year.
There is a fairly good demand for gold for the Continent, and
the check given to gold shipments from the United States
leads some people to think that rates will rise by and by.
They may perhaps rise somewhat, but they must remain very
low considering the small speculation going on and the ab•SEce of great foreign loans or foreign investments.
U,The silver market is steady, the price fluctuating around
81/jd. per ounce. There is little demand for the Far East,
and the market attributes the steadiness almost entirely to
the unwillingness of the great American mine-owners to sell
at current quotations. The ludia Council contiaues to dispose
of its drafts very favorably; on Wednesday it sold the whole
amount offered for tender at about Is. 2}£1. per rupee.
The holidays have commenced here earlier than u ual, and
the attendance at the Stock Exchange is consequently unusu
ally small. The Henley Regatta is going on this week, and
very many members of the Stock Exchange are attending.
The weather, too, is very hot, and for the time being, in
consequence, there is a general unwillingness to trade to any
considerable extent. The strength shown by the Silverites at
Chicago is exercising a very depressing effect. The public
here is naturally unable to judge what are the prospects of the
election,—whether there is any reasonable chance that the
Demoorats w ill win, or, in fact, what w ill be the ultimate
policy adopted ; but there is a very considerable fear that
even if the Silverites are defeated they may be strong enough
in the new Congress to obtain some kind of a compromise.
Naturally, therefore, the public is holding aloof from the
market.
London.
B a n k R a te .
140
June 12 2
•* 19 2
“
26 2
July 3 2
** 10 2
Open
In t e r e s t aik w e d
M a rk e t R a tes,
f o r deposit S b y
B a n k B ills .
T ra d e B ills .
D i s c ' t H 's t
J o in t
Three
S ix
Four
M o n th s
Three
Four
S ix
A t 7 t o 14
B a n k s. Gall. D a y s .
Stock
M o n th s M o n t h s M o n t h s M o n t h s M o n t h s
11-16
11-16
%
i@ i> « i « @ t «
11-16
11-16
H
i ®ih
1M@1M
&-13-16 &-13-16 &-13-16
1M@1H 1M@U4
9-16
9-16
11-16
i
H
11-16
H
H
%&1
x
x
X
X
X
X
X
X
X
X
X
X
X
X
X
The Bank rate of discount and open market rates at the
chief Continental cities have been as fo llo w s :
J u ly 10.
July 3.
Interest at
Bank
Rate.
Open
Market
Bank
R ate.
P a r is ..................
B e r lin ................
H a m b u r g .........
F r a n k fo r t .........
A m s t e r d a m ....
B ru s s e ls ............
V ie n n a ..............
8 t. P e te rs b u rg .
M a d r id ..............
C o p e n h a g e n ...
8
3
3
3
3
3
4
i'M
2
3
6M
5
2M
2«
sx
2
3
3
3
3
4
SM
6
6
5
ssc
SX
June 26.
Open
Market
1M
SX
SX
s%
2
3M
6
5
SV6
S in k
R ate.
2
3
3
3
3
June 19.
Open
Market
Bank
Rate.
1M
2
3
3
3
2M
2%
SH
SX
3
m
3
SX
3
SX
S%
3
4
2
a *
6
6
5
ex
«X
5
5
SX
SX
3>a
3X
s ti
S
4
Open
M arket
3M
The follow ing return shows the position o f the Bank of
England, the Bank rate of discount, the price o f consols, &c.,
compared w ith the last three years:
1896.
1895.
1894.
1893.
8.
J u l g 10.
J u l y 11.
J u l y 12.
£
27,615,465 26,672,700 26,042,910 26,920,890
7,580,893
5,974,419
7,508,548
5,493.668
55.577,767 40,573,575 36,693,333 34,427,404
14,963,28L 14,391,370 12,970,088 13,707,044
29,134.075 22,530,496 19,956,429 25,227,414
37,077,704 27,597,500 29,203,437 19,113,811
47,893,169 37,470,206 38,506,347 29,534,701
58 9-16
59 1-10
65 15-16
17H
2
2
2
2H
113M
101 9-10
r o ix
nax
31«d.
30^d.
33d.
*S iX e .
116,270,000 139,452,000 112,499,000 109,93(3,000
J u ly
^lrcula’i o n .......................... .
Pabllc deposits.........................
Other deposits.........................
Government securities ...........
Other securities ......................
Reserve o f notes and c iln .......
Coln& bullion, both departm’ts
Prop, reserve to liabilities., p. c.
Bank rate ................ per cent
Consols, 2 H per cent..... .......
Silver ......................................
Cleariug-House returns .......
♦ J u ly 12.
THE CHRONICLE.
J u l y 35, 1896,]
Messrs. P ix le y & A b e ll w r ite as fo llo w s under date o f
J u ly 9:
G old—The dem and I n s been o f a v e r y ia te rm ltta n t ohat-aoter, and
has not a llow ed o f a a y prem iu m bein g paid.
T h e m ovem en ts o f
bullion at tins 8 n it h ave t i w i unim portant and oom priao *1 8 ,0 0 0
purchased in b irs and £20,000 s lid fo r .U altt.
A r r iv a ls : China,
*139,000; South A m erica, * 18,00 J; C.ipa T o w n . *1 4 3 ,0 0 J; Bom bay,
*8 9 .0 0 0 ; W est 1 idles. * 14.00 J; S a w Y o r k ,* {.OOP. T o ta l, * 5 0 3,000.
Shipm ent* to B om bay, £1 3,0 to.
S tiv e — Tho m tritec U to sh ow n g re a t steid ih esa and in s rem t in e i at
31%d. for some d tvs. Business has been res tricted and sellers have
not com e fo rw a rd fr e e ly
A rr iv a ls : N e w Y o r k . *3 5 ,0 0 0 ; R iv e r
P late. * 5,oOO: West In dies. £28.001.
T o ta l, *5 6 ,0 0 0 . Shipm ents
to Calcutta. *5 ,1 6 5 ; H o n g K->ng, * 10,381.
M exican D olla rs - T a e nearest p ric e is 30 9-16d. A b ou t *1 1 ,0 1 0 'i ts
corns to hand from N ew Y o rk .
The quotations fo r bullion are reported as fo llo w s :
S O aY S R .
GO LD .
London. Standard.
July 2.
July 9
$.
d.
B a r g o ld , fin e .. . . .o s .
77
#44
».
n
B a r g o ld , p a r tin g .o *
77
SR
77
S p a n i s h O l d ..........o s .
78
0
76
0
78
2
70
2
London Standard.
Bar
8
76
3?4
78
3%
76
$H
7«
m j
m i
M e x ic a n d o lla r s - o z .
$2,814,232
6,785,984
T o t a l .......j
S i n c e J a n . 1.
D ry goods .. .
&en’ lm e r 'd is e
$79,252,016
268,613,028
$9,600,216
YORK.
1894.
1895.
1896.
$1,756,679
9,104,387
$2,819,806
6,717,759
$10,861,066
1
$44,409,114
189,649,053
$9,537,555
$7,811,843
$79,429,810
201,271,526
$63,968,808
193,515,215
The im ports o f d ry goods fo r one w eek later w ill be found
in our report o f the d ry goods trade.
The fo llo w in g is a statem ent o f the exports (exclusive o f
specie) fro m the port o f N e w Y o r k to fo re ign ports fo r th e
w eek ending Ju ly 20 and fro m January 1 to d a te :
YO RK FOR TH E W EEK.
<2.
1893.
i
1894,
I
1895
3 1 1 3 -1 8
33 15-16
$7,811,7141 $7,241,177
F o r the w e e k ..!
P r e v . reported.; 188,667,214 193,042,129
30 9 -16
30 9 10
T o ta l 28 weeks $194,481,913i$200,233,306 $182,659,573 $207,985,782
A N D IM P O R T S O F S P E C IE A T N E W Y O R K .
1892-93.
53,080,116
14,240,797
11.528,109
1,894,611
3,543,3 !0
27,027,142
17,590,137
1895-96,
1894-95
1893-94
1892-93.
W h a t im ported, e *1.57,349,210 62.796.9J6 54,780,778 53/80,116
I m p o r t * o f t l o u r .......17,110,970 16,716.2 to 16.443,604 17,530,137
Sales o f hom e g r o w n . 13,534,573 13,972,803 19,159,780 23,534,679
$5,380,383
$6,935,337
177,279,195; 201,050,445
The fo llo w in g table shows the exports and im ports o f specie
a t th e port o f N e w Y o r k fo i the w eek ending July 18 and
since January 1, 1898, and fo r the corresponding periods in
1895 and 1894 :
EXPORTS
1893-94.
Supplies availab le fo r consum ption (exc lu s iv e o f stooks on
Septem ber 1 );
E x p o rts.
Im p o r t !.
G o ld .
W eek.
SSn eeJati.l.
W eek.
1895-96
A ver, price w h ett, w eek 24).
A v e ra g e price, -reason..2 5 *.
9,
Id .
98,486.029
l«94-95.
20
20*.
2t
91,
90,389,162
$ ........... $11,132,466
2,164,948
207,281
4,366,721
4,325
765
210,461
5,050
496,918
3,820
54,861
T o ta l 1896..........
T o ta l 1395.........
T otal H 9 4 ..........
$3,311,978 $45,686,451
1,531,273 36,370,915
3,304,582 73,752,425
*13,960 *18,633,058
16,794 21,542,982
21,085 10,763,376
Im p o r t !.
26*.
26s.
9d,
94
T h e fo llo w in g shows the qu antities o f wheat, flour and
m aize afloat to the U n ited K in g d o m :
T M t m eek.
W heat................ nr*. 1,743,000
Flour, canal to or*.
227,050
• I s l i i .......q rs ..........
600,000
I3 » * II«I*
F in a n c ia l
L a s t m eek .
1,311,000 •
244,000
53 >,000
1895.
8, 406,000
466,000
454,000
•
1994.
2,892,000
275,000
519,000
H a r k e ta —P e r C ab le.
T h e d a ily closing quotations fo r securities, & o., a t London
are reported by cable as fo llo w s fo r the w%ek en d in g July 24:
London
S a l.
M on.
SliYer, per o t ............„<L 31 H
3 l" is
Oomwls, n ew , 2% p. c t » . 11 3 *,. U 3 - t .
F o r acco u n t------------- l l i .
113 81
F r‘ch ren te* tin P a ris)fr, 101 70 101-65
A tob , Top. A 6. F e ........ 127g
11%
Canadian P m W c ............ 61%
60%
13%
i pe i l l -,v <
71
Chic, Stllw. A 8*. P a u l-. 73 7s
44 %
D e o v. * S is G rande, p f d
49 %
lL l
Erie ................................ 14
30%
do
l i t preferred
31 %
EMb o Ia C e n t r a l________ 1 93%
9 ’J H
U2
L a k e Shore . . . ........ .
14 4
in %
L o u isrllie A N sahvflJe.. 48 %
M exican C entral 4 * ....... 67%
10*
do. K an . A T e x . com ..
1 0 7»
94%
S. Y. C entral A Hudson 94
f f . Y . Out. A W e s te rn ..
13 m
u<%
R o rfo lk <4 Went’ n, p re f. 12*9
12
14
N orth ern PactAo, p r e l , . 15
52%
P e n n s y lv a n ia ........... .
53
Phil. A Read., per share
6%
■'C*
7%
Southern B y,, corn........ .
Ski
21%
do
p r e f d ............. 22%
6%
Onion Paatlic........ ........
6%
15%
Wabash, p r e f.................. | 15%
V u e !.
W ed.
S ilv e r .
W eek.
1392-93.
Id .
7d.
T k u r i.
G reat B r ita in ..........
<£a tixiaeecitil <imX X&tsceUiiueoas J^euis
N a t i o n a l B a n k s .— Th e fo llo w in g in form ation regard in g
national banks is from the Treasury D e p a rtm e n t:
N A T IO N A L R A N K S O B O A m z B D .
A bn er F. W oodw orth, Frost le n t; 0,
U.
Capital.
Steel, Cashier.
IN S O L V E N T .
3,367. -Th<> K ittle s * V a lle y R a tion a l B mtc o f BUensborifh. W ashington,
Is insolvent-, and was, on .Inly 13,1898, placed In the h in d s
o f jitH 't* 0. H ib b ell. R eceiver.
I m im r ts AYR E xpo rts for th e W e e k .— The following are
the import* at N ow Y ork for the week ending for dry goods
Joiv p‘; and for the week ending for general merchandise
July IT ; :•/.= , totals since the beginning of the first week in
January.
1.
W eek.
*1,092,600 $24,380,561
3,029,626
11,360
363,223
G e r m a n y ............ .
West In d ie s .......... .
103,278
485
1,260
19,530
39,116
2,282
$1,096,350*27,888,533
826,112 19,655,614
501,5071 19,231,970
$62 788
41,601
3,655
*1,411,580
1,041,164
873,692
'4,250
T o ta l 1396..........
T o ta l 1895..........
Total 1894..........
S in c e J a n . 1
$7,487
6,176
4,646
98,340
535,311
711,216
48,404
South A m e r ic a ........
A ll other co u n tries..
$600
Of the above im ports fo r the w eek in 1898 $5,145 were
Am erican gold coin and $1,835 w ere Am erican silver coin, O f
the exports during the same time, $1,550,750 were Atnerioan
gold coin.
B rea Until IT* F la a r e x B roasrftt F r o m Paste 1 64 .—T h e
statem ents below are prepared b y us from the figures o f the
N e w Y o r k Produce Exchange. W e first g iv e the receipts a t
W estern lake and riv e r ports, arranged so as to present the
com parative m ovem en t fo r the w eek ending Ju ly 18, 1898,
and since A u g u st 1, fo r each o f th e last three years:
S «w 4 j> U a t —
F lou r.
Wheat.
C om .
Out*.
B a rm .
B u i.
BbiM.imibi S t t f M O lbs Rush.56 Ibi Bush.S2 Ibt B w lU S lb i B U . 66 Ibr .
C h i c a g o .........
48.131
54,900
M ilw a u k e e .,
D u l u t h .........
831,808
1,232,977
1,505,770
53,045
111,882
20,909
247,000
19,380
42,383
12,209
67,381
37,137
92,180
3,018
1,029,908
2 037
48,741
004,400
17,550
115,200
1.837
2,750
430 700
32,900
1,000
D e t r o i t ..........
105,670
18,678
21.991
C le v e la n d ...
S t. L o u is ,....
3,032
31,200
30,003
608.890
234,890
158,500
.......
4,200
81,000
150,200
178,500
3,501
M in n e a p o lis .
T o le d o - ........
P e o r ia ...
41,557
22,300
13,000
92,890
1,906
2,401
...
K a n sa s C ity .
235,063
171,170
3,793,590
1,757,719
2,307,512
150,886
118,391
S a m e w k , ’ 95.
1,810,082
1,480,292
25,343
S a m e w k .H H .
254,942
3,411,389
880,008
1,758,908
1,337,370
13,750
41,891
41,063
10,748,313 203,052,242 118,105,949 149.141,887
11.747,217 114,222,734 79,104,835 98.219,729
13,340,004 151,323,941 147,820,383 118,590,264
39,265,547
4,171,997
31,331,050
* 6 6 3 ,0 0 7
3.400,610
T o t.w k v 9 6 .
S in e .
A uq . 1 .
1895-90 . . . .
009.
\Sm ceJan.
Pr\.
31%
31%
31%
31%
i i s ’ i* U37M
U 3 7 ,,
1 13 %
113%
113%
113,
01-82% 101*85 01-77% 101 85
12
12%
11%
12%
00%
oo’ s
61
60%
13%
13%
14%
14%
72
72%
71 ’ *
7m
44%
45%
44%
13%
14%
14%
*1%
14%
30%
30%
30**
30
94
99 %
94
91%
142 H
145%
140%
144%
17%
46%
47%
47’ 8
68
68
67%
87%
11
10%
11
10%
95
94%
91%
95%
13%
13%
13-a
13%
11%
l l ’g
11%
11%
14
137*
14
14%
52%
52%
52
51%
5%
5%
5%
5 fa
8
8u
8%
8%
22
22
am
21%
6%
6%
6%
15%
15%
14%
14%
5,049.—Tl. • Wr-'. Rational Bank of Boblowm. llllnol.
1.
$250/100 $11,972,260
8,357.541
1,791,228
1,275,000 21,932,725
5,000
585,596
62
5,750
2,798,267
15,000
40,000
94,191,932
1893-94.
241
25s.
S in c e J a n ,
G reat Britain ..........
F ra n c e.......................
Germ any .................
W est In d ie s .............
M exico. . . . — . . . . . .
Sooth A m e rica ........
A ll other countries..
E x p o r t !.
83,493,753
1896.
j
3U4
31%
a*
Im portan t w b eat.ew t.5 7,338,110 62,796,996 54,780,778
B a rle y . ................ . . 19.3to.350 31,933,631 27,013,933
Oat* ...........................1 1,855,380
12,821.577 11,226,749
P a m ............. .......... 2,191,130
1,985,519
2,032.908
3,753,802
4,4*5,679
Bean* ...................... 2,827.723
Indian C om ............... 36,977,770 21,814,674 31,141,687
F lou r............................17,110.970
16,716,23 J 16,413,604
T o ta l...................
$2,198,706
5,613,137
T o ta l 2 3 weeks $347,865,04 4 $234,053,167 $230,701,336 $257,484,02 3
IMPOSTS,
1394-95.
j
D ry good* ... 1
G ea’ l m er'd iffi
31 7-18
T h e following sh >W3 the im ports o f cereal produce in to the
U n ited K in g d o m d u rin g th e fo rty -fo u r weeks o f the season,
com pared w ith previous seasons :
1895-96
1893
EXPORTS PRO M N E W
oz.
i n g o g r s . g o ld ., os.
76
3 »
e r , fin e ,
9H B s r s t i v e r , c o n t a i n -
F r e n c h g o ld c o ln .o i.
78
bl i v
IM P O R T S A T N E W
f o r e ig n
|
F o r W eek.
J u ly 2.
a.
iL
G e r m a n g o l d c o la ..o s
U . 3 . g o l d c o i n . . . .o s .
J u ly 9.
141
1894-95 . . . .
1893-94 . . . .
28.410,780
The receipts o f flour and grain a t the seaboard ports fo r the
w eek ended Ju ly 18, 1896, fo llo w :
Flout,
R eceip ts a t —
New York.............
108,d28
B o s t o n ........... ..............
M o n t r e a l . .................
P h i l a d e l p h i a ......... ..
38.397
4 4 ,870
50,050
B a ltim o r e .....,.,...,
~~
*
bbls,
81,33-5
R ic h m o n d ..........
000
tfe w O rlea n s ..........
13.384
T o ta l w eek. ....
313,637
203,261
Oorn.
hush.
1.148,700
286,603
79,72 L
100,771
249,390
41,901
53,120
1,191,180
1,015,133
2'i.OOJ
1,733,m
591,030
Oats,
bush.
377,025
197,029
51,975
100,410
331,180
Barley
bush.
131,375
Bye.
bush.
17,386
1,322
8,820
131,375
13,708
3 ,7 0 1
5,950
1,414.801 823.070
The to ta l receipts at ports named in last table from Jan. 1
to Ju ly 18 com pare as follow s fo r four years :
W m k 1895..............
THE CHRONICLE.
142
Receipt* o f—
F M n w v ,.,,
..ta b le .
1895.
8,605,107
1896.
7,428,288
1894.
10,905,762
1893,
10,161,341
W h e a t ............... . b u s h . 26.319.007
“
43,001,036
C orn . . . . . . I . . . . . .
M
S3.30S.7S3
O a ts . . . . . . . . . . . . .
“
4.034.035
B a r le y . . . . . . . . . . .
“
1,358.003
R y e . . . .............. .
16,504,119
22.101,089
20,919,753
1,520.520
191.520
19,621.0^3
33,514,197
19,794,734
1,781,104
109.601
44 .4 5 4 ,6 *9
29.571,521
25 .2 2 3 .2 8 0
2 ,«tv 7 .7 »6
757,704
T o t a l s tr a tc . .......1 1 0 ,6 5 3 .9 2 9
01.357.031
74,861,299
102,677,959
The exports from the several seaboard ports fo r the w eek
ending July 18, 1898, are shown in th e annexed s ta te m e n t:
Oom ,
Push.
F lo u r ,
bush.
Oats,
hush.
Rye,
bush,
Pea 8,
b ust .
480.541
260,03 8
85,069
24,212
930,101
120,506
112,821
3,294
75,499
23 7,50S
525
175,028
18,946
61,53 »
1,448
24
14,538
61,208
IP fteod ,
M xpofts fro m —
N ew
Y o r k . . ........... . .
B a ltim o r e .... . . . .
N e w p o rt N e w s ..
M o n t r e a l . , ............. ..
292.337
01,529
T o t a l w e e k . . . . . . ,.1 , JO 1.348
S a m e t i m e 1 8 9 5 ...
1,080.357
609,279
259.005
108.606
C o n f l u e n t ......... ..
8 . & C. A m e r ic a ,.
W e s t In d ie s ... ..
B r i t - N . A . C o l ’ s.
O th e r c o u n tr ie s ..
T o t a l . ........... .
T o ta l 1 8 9 5 ........
6,952,152
1,032,213
1,251,000
1,016,284
305,042
167,553
1,032,405
190.295
3,687
_______ _
259.965 10,734.244
10?,GG6 11,266,156
1,304,348
552,9S1
7,472
31,205
10,465
5,953
7.715
50,000
19,279
1,598,805
95,110
17,458
76,256
130,279
79.550
25,860
b u sh .
I n ito re at—
366.000
N e w Y o r k ........- .......... 1,966,000
Do
a f l o a t . . ............................ 32,000
* 20,000
A l b a n y ............................
...........
592.000
B u f f a l o ........................... 1,046,000
Do
a f l o a t ..................
....
4,958,000
C h i c a g o .......................... 13,591,000
Do
a f l o a t ........ .
.............
M i l w a u k e e .....................
399,000
Do
a flo a t......
” 3,000
D u l u t h ........................... 7,208,000
Do
a f l o a t ..........
30,000
Toledo..................... 425.000
Do
a f l o a t ............
5,066
ilS .b O O
D e t r o i t ..................... .
Do
a f l o a t ..........
*46*000
5.000
O s w e g o .. . . . . . . . . . . . . . .
83.000
644.000
St- Louis,.. . ........
37.000
Do
a f l o a t ............
” 7,6*00
C i n o l n n a t L .............
109.000
767.000
B o s t o n .................... .
164.000
T o r o n to ...............
361.000
23.000
M o n tr e a l-.
374.000
233.000
P h ila d e lp h ia ..
12.000
76,000
P e o r ia ....,....,
259.000
138.000
In d ia n a p o lis .
901.000
28,000
K a n s a s C i t y ............... . .
439.000
741.000
B a l t i m o r e . .........
.
23,000
M i n n e a p o l i s ........... . .15,788,000
261.000
O n M is s is s ip p i B i v e r .
........
1.053.000
O n L a k e s . . . . . .............. 1,299,000
183,000
O n ca n a l a n d r i v e r . ..
536,000
” 3-000
”
2.000
1,000
T o ta l
T o ta l
T o ta l
T o ta l
T o ta l
J u ly
J u lv
J u ly
J u ly
J u ly
1 8 ,1 896.46,743,000
1 1 ,1 8 0 6 .4 7 ,2 2 0 ,0 0 0
20,189 5 .4 0 ,4 8 3 ,0 0 0
2 1 ,1 8 9 4 .5 3 ,7 7 2 ,0 0 0
2 2 ,1 8 9 3 .5 8 ,9 0 4 ,0 0 0
42,839,293
41,129,526
1,030,357
599,279
82,980,851
25.790,357
Rye,
bush.
Barley,
bush.
9,000
48,000
i3i,o6o
218,000
Oats
bush*
1,717,000
126,000
75,000
414,000
978.000
275,6*66
'21,606
17.000
302*666
26,000
i7
’ 1,000
300,066
is'sVooo
*”4 ,00*6
” 4,066
”48,066
* 15,000
133.000
71.000
304.000
136.000
159.000
3,000
73.000
334.000
358.000
14.000
681.000
1.272.000
8.660.000
7.107.000
0.138,000
8.228.000
5.941.000 '• 5.210.000
3.649.000
1.372.000
7.601.000
2.168.000
*87,666
C ity R a ilr o a d S e c u r itie s —-Brokers’ Quotations.
21.000
35.000
17.000
71.000
115.000
91.000
91.000
1.656.000
1.455.000
148.000
208.000
232,000
748.000
768.000
58.000
93.000
377.000
F r e i g h t , ........................ ........................................
P a s s e n g e r s .................... ............................. .......
M a i l a n d e x p r e s s . . . ......... ................ ..
3 4 ,8 8 8
1 2 ,1 4 6
6 ,4 8 6
T o t a l ...................... ........................................
5 7 ,6 5 0
5 3 ,5 2 0
1893.
$
M a in te n a n c e o f w a y a n d s tr u c tu r e s . ...1 8 ,7 2 7
M a i n t e n a n c e o f e q u i p m e n t ...................... . . . 5 , 4 9 9
C o n d u c t i n g t r a n s p o r t a t i o n ....................
G e n e r a l ................ ............ ............................. ..
1 5 ,1 7 7
8 .7 4 5
4 0 .2 1 3
774
T o t a l ..............................................................
D e f . u n d e r e x p e n s e s ..................................
B e n t a l ....................................................................
6 4 ,9 0 9
7 ,2 5 9
1 4 ,4 1 2
56,994
3,474
13,380
B a l a n c e , l o s s , ____________ _____________ _
2 1 ,6 7 1
16,854
I I 334
330
60
1 1 6 *a
70
1 1 4 *s
94*a 9 5 * a
157
155 160
106 mo
101
186
165
TOS
196
170
11934 1 2 0 *4
300
100
98
$ 98
$101
l0 5
103
102
102
155
§ A n d a c c r u e d in t e r e s t
x E x - d iv ld e n d .
Bid. Ask.
1Central................... .
Consumers’ (Jersey City).
Com m on............ ....... ..
G A S C O M P A N IE S .
Bid.
85 : Peoples’ (Jersey C ity )....
34
102*2 103*9 W illiam sburg 1st 6s . —
165
80 j Equitable................... .....
'99*4 101
Bonds, 6s, 1899.......... .
180
108 110
Bonds, 5s.................... .
235
98 100
71
W estern Gas .. ___...
32
30
90 I
85
Asa,
170 175
106
105
195 198
105*9 106**
63
84
80
103 106
75
60
65
84
90
$ A n d accrued interest.
A u c tio n Sales.— A m o n g oth er securities th e fo llo w in g , n o t
reg u la rly dealt in a t th e Board, w ere rec e n tly sold a t au ction:
)
1
{
J
5 6 ,9 9 4
S h a res.
3 Eagle Fire Co...................................... .............. ............ ....... 230
B y Messrs. A d ria n H . M u ller 8c Son:
S h ares.
B onds.
$25,000 C olu m bia T y p e W r i
.$900 lot,
t e r M fg . C o .............
2 0 7 N a t . C itiz e n s ’ B a n k . . . . . . 1 2 5
7 T it le Guar. & T r u s t . . . . 281
$ 6 ,5 2 8 9 1 N a t . C o r d a g e C o.
T r u s t L iq u id a tio n C e rt. $ 1 3 0 lo t.
$ 5 0 ,0 0 0 C o lu m b ia T y p e W r i
t e r M f g „ C o ................ . . . . $ 1 , 6 0 0 l o t .
Bonds.
$ 1 3 ,5 0 0 N . Y . B a g g in g C o . o f
B k ly n ., 1 s t 7 s ,1 9 0 0 . 5 0 % p d .
o n a c o t .o f p r in .,N o v .2 7 ,’ 89.
B anking
1 2 *s
and
— The semi-annual statement o f the Union Discount Co,
o f London w ill be found on our eighth page,
The statement
covers the operations fo r the first, six months o f 1896, together
w ith a balance sheet o f M ay 30. The U n ion Discount Co.
keeps a standing card on the second page of the C h r o n i c l e
in which it keeps revised by cable the rates o f interest
allow ed for m oney on deposit at cali and at three to seven
days’ notice. The com pany discounts bank and m ercantile
acceptances and makes loans on negotiable securities.
— Reports o f the condition on July 14 o f the follo w in g
national banks w ill be found in the advertising departm ent
o f to-day’s C h r o n i c l e : Chase, Gallatin, Am erican Exchange
Second, M arket & Pulton, Mercantile and Continental. The
report o f the Chemical Bank w ill be found fo llo w in g the
bank and trust com pany statistics in the Q u o t a t i o n S u p p l e
ifinnnctal.
Spencer T rask & C o.,
BANKERS,
■£? & * 9 P I N E S T R E E T ,
m ent.
50
$115*g
65
166
115
102
By|Richard V . H a r n e tt & Co.
1894.
$
4 1 ,0 1 5
1 0 ,0 4 2
6 ,5 9 3
E xp e n se s—
164
112
$100
337
100
315
102
Jersey C ity & Hoboken..
Metropolitan—Bonds.......
Mutual (N . Y ........ .........
N . Y. & East B iv. 1st 5s..
2,606
*52,666
( Statement fo r year ending Dec. 31,1895J
This com pany is leased to the Terre H aute & Indianapolis
and its earnings are reported by the Pennsylvania Company
as follows:
1895.
$
150
B ’klyn Union Gas—Stock.
53.000
162656
Bid,
Ask.
D. D. B. B . & Bat’v - S t k .
1st, gold, 5s, 1932.J&D
$104^
Scrip ............ .............
85
28
81 Eighth Avenue—Stock.
107
Scrip, 6s, z914.........
$106
19*ii 20 42d & Gt . St. Per.—Stock
1 9 1 34 1 9 4
42d St. Man. & St.N. A v.
§104*2 106*3 1st mort. 6s, 1910.M&S
2d mort. income 6s. J & J
$107
L ex.A ve.& P a v. P e rry 5s.
$110
§103*2 105*2 Metropolitan Tra ction ...
1 U S 4 11 5 *4 ! Ninth A ven ue—Stock...
164
160
Second Avenue—Stock..
110
lstm ort.,5s,1909.M &N
112
Debenture 5s, 1909.J&J
103
99 io T Sixth A ven u e—St 00k ....
160
Third A ven ue—Stock1...
no*
$108
1st mort., 5s, 1937.J& J
200 Twenty-Third St.-—St’k.
191
$115
Deb. 5s, 1903.........
165*
160
Union B y —S to ck
...
109
*13
1st 5sf 1942......... 5......
Westchester, la€Jfiin58.
114*4. 114*2
G AS C O M P A N IE S .
” 2,666
” *2,666
”
Atlao. A ve., B ’klyn—
Gon. 5s, g .t 1931..A & O
Im pt. 5 s, g „ 1934,. J&J
Sleek. St. & Ful.F.—Stk.
1st mort., 7s, 1900. J& J
Brooklyn Rapid Transit
s ’ way <&7tla A v e ,—Stock.
lstm ort.,5 8,1904. J&D
2d mort., 5s, 1914.J& J
B ’w ay 1st, 5s, guar. 1924
2d5s,lnt.as rent’1.1905
Consol. 5s, 1948...J& D
Brooklyn C ity—Stock....
Consol. 5s, 1941... J&J
Bklyn. Orosst’n 5s. 1908
BkX’n.Q.’ nsCo.&Sub, 1st
Bklyn. C. &N> wt» wn—Stk
5s, 1939........... ...........
Central Crosstown—Stk .
1st M.,6s, 1922...M&N
Oen.Pk. N .& E .R iv,—Stk.
Consol. 7s, 1902...J&D
Columbus & 9th. A ve. 5s.
Ohrist’p’ r& lO th St.—Stk.
1st mort.,1898 ...A & O
Gas S e c u ritie s — Brokers’ Quotations,
*iet666
In d ia n a & L a k e M ic h ig a n R a ilw a y .
E a r n in g s —
•—Messrs. Groesbeck & S terlin g announce that th ey are
prepared to buy and sell a ll issues o f Central o f G eorgia R a il
w ay Co.
B id .
77,961
Oorvt
—G old bonds, the issues o f the cities o f B rooklyn , C hicago
and Paw tu cket, are advertised in our m unicipal columns by
Messrs R. L. D ay & Co,, Boston and H ew Y o r k .
— “ Free Coinage Catechism ,” a sm all pam phlet issued by the
T h e visible supply o f grain , com prising the stocks in
gran ary at the p rin cipal points o f accum ulation at lake and
seaboard ports, J u ly 18, 1898, was as fo llo w s :
Wheat,
bitsft.
— Mr. P . J, Lism an, 30 Broad Street, announces in another
column that he is prepared to trade in all the uocurrent issues
o f the U n ion Pacific system, as w e ll as ail other uncurrent
steam ra ilw a y securities.
tion.
Since Sept.
Wet.Jf
E xports fo r
Week
1, 1895.
July 18.
tOMk a n d since July IB.
this,
Sept. 1 to—
bbls.
191,155
— Mr, Charles Alden Lam son became on July 1 a m ember
o f the firm o f Horace S. H om er & Co., and the firm name
was at that tim e changed to Lam son, H om er & Co. T aeir
offices are n ow at 16‘ State Street, Boston.
Evening Post at one cent a copy, should ha?e a w id e distribu
478,859
T h e destination o f these exports fo r the w eek and since
Septem ber 1, 1895, is as below.
W e add th e totals fo r the
corresponding periods o f last year for com parison:
U n ite d K in g d o m
[VOL. JLiXIIl,
65
-
-
NEW
NOStliA
S ta te S tre e t, A l b a n y ,
I N V E S T M E N T
S E C U R I T I E S ,
S amuel D. D avis & Co,,
BANKERS,
NO. 36 W
i l l S T ., N E W V O U K .
Sa m u e l D. D a v i s ,
C h a s . B, V a n N o s t b a n d .
Gbobge Ba r c l a y M o™ a t .
M
A le x a n d e r M. W h it e , Jr
o f f a t
& W
h it e
,
B AN KERS
3S P I K E
S T R E E T ,
-
-
N E W I T O H K
I INVESTMENT SECURITIES.
o
J
clt
THE CHRONICLE,
25, 1896,J
Bankers' (gazette.
% \ it
Posted rates of leading bankers follow :
July 24.
D I V I D E N D S .
Per
Cent.
Name o f Company.
R a i l r o a d * (S tra in ).
C la .E L im .A D iy .n e w p re f.(q u a r.)j
Coraw til A I>‘ b *uou....... .........
L a k e Erie A W e s t- pref ( q i u r . ) .
Mahon in* Coal, common. . . . . . .
S tr e e t K a i l u r a y s .
Metropolitan St. Ky. (K ao. City).
T r u s t C o m p an ies.
Nassau (Brooklyn).....................
When
Payable.
Aug.
All*.
All*.
Xu*
i%
2
in
3
Books closed.
( Days inclusice.)
5; July 21 to Aug. 5
1 —
to —
15 Aug. 1 to A uk. 16
1 July 26 to Aug. 2
1
An*
1 July 26 to July 31
3
Aug.
1 July 23 to Aug. 2
3
3
Au«.
|Aug.
li Ju»y 26 to A a *. 2
1 July 20 to Aug. 2
5
•Aug.
1 July 18 to July 31
1
3
i%
6
2
Aug. 17
Oa dein.
Aug 15
AUS. 15
Aug. 15
Aug. 17
It a n it s .
G e rm a n - A m e r ic a n ...........................
H u d so n R iv e r ....................................
F i r e In s u r a n c e .
Rutgers.......................................
^ I ls c e lla n e o u a .
A m e ric a n D is tr ic t T e le g r a p h ---B la c k w e ll’ s D u r tiim Tobacco__
N e w E a g .T e le p . A Teleir. (qu ar.)
P r o c t e r A G a m b le , c oiurunu. . . .
Pu llm an * ft P a la c e C a r. ( q u a r .) ...
Q u in c y M in in g ....................................
Do.
do.
(extra)...............
2
l
Aug.! 11 to
to
Aug. 1 to
Aug. l to
Aug. 2 to
—
to
Aug. 16
■-
Aug 15
Aug. 15
Aug. 16
The Money Market and Financial Situation.— Tlie two
most important events of the week affecting business in
Wall Street were the movement on the part of the ClearingHouse banks to deposit gold in the Sub-Treasury in exchange
for greenbacks and the action of foreign exchange bankers
and gold shipping houses to relieve the foreign exchange
market from the pressure which was upon it, and if possible
to suspend the exports of gold.
These movements have been successful to the extent of
increasing directly the Government gold reserve over
817,000,000, in materially easing the market for foreign ex
change and in reducing the volume of gold shipments. Con
ditions were such early in the week that the supply of sterl
ing and Continental bills was restricted, and over $5,000,000
of gold was withdrawn for export, with the prospect of
further heavy shipments at the close of the week.
The political situation continues to be the dominant factor
in financial circles and other influences are rarely men
tioned. The excellent crop prospects now existing would be
sufficient under ordinary circumstances to give strength and
an upward tendency to railway securities, especially those of
the granger and trunk line roads. A t present these securi
ties. in common with all others, are sensitive to the slightest
incident which may be construed as affecting in any degree
the issues at stake in the political campaign.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1% to 3 per
cent. To-day’s rates on call were 1% to 2 per cent. Prime
commercial paper is quoted at 5(36 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £62,775, and the percent
age of reserve to liabilities was 59-46 against 59-17 last
week ; the discount rate remains unchanged at 3 per cent.
The Bank of France shows an increase of 5,661,000 francs in
gold and i,338,000 francs in silver.
The Sew York City Clearing-House banks in their statement'
of July 18 showed an increuse in the reserve held of {161,500
and a surplus over the required reserve of $21,773,025, against
$23,237,275 the previous week.
DiJJcren'strom
| Prev. teak.
1895.
July 30.
I
•
«
1
1894
July 21.
•
C a p ita l................ 60,822.700
. . . 62,622,700 61,822,700
S u r p lu s ..............
74.075.700
. . . . .. .
72.302.70'j! 72.145,800
Loan* M .llAC'nt-. 479A4<>.800 t o o .2.388.000 506,936,500 48^.642,600
C ircu lation . . . . . . 14,599,430 In c .
3,800; 13,239.200
9,980,600
S e t d e p o s it* ...... 505,991,100 In n .2,503,000 568,318.300 589,100,900
S p ecie.................. 62,333,400 100. 382.000 04,360.300 91,044.800
L e g a l ten d ers___ 85,937.400 Dec
2 2 1 ,1 0 0 116,201,400 130,341,000
R e s e rv e held.......'148.270,800 In c .
1 6 1 .5 0 0 1 9 0 .570 .70 6 221,388,910
L e g a l res erve .. . 126.497,775 In o. 625,750] 142,079,575 147,275,200
Surplus reserve 21.773.025 Dee.
464.250 , 38,491.125 74,113.600
Foreign Exchange.— The foreign exchange market was
firm during the early part of the week, but has become easy
on the large deposits of gold in the Sub-Treasury and action
by foreign exchange bankers to protect the market.
To-day's actual rates of exchange were as follows: Bankers
sixty day*' sterling, 487%(<H87J£; demand, 488%@4 88%;
cables. 4 88?i@4 89.
Sixty Days. \
Prim e bankers' sterlin g b ills on L o n d o n ..
Prim e com m ercial......................................
D ocum entary com m ercial.........................
P a ris bankers’ (fra n cs )...................... : ____
A m sterdam (gu ilders) bankers................
F ra n k fo rt or B rem en (reic)im arks) b’kcrs
Demand.
4 88 ® 4 88*3 4 89 ® 4 89ia
1 87 ® 4 875,
1 86 % ® 4 86%
5 10% ®5 16 be 5 15 ® 5 146I8
40 % ® 40 He 40% ®407,„
95% ® 95 71b 9513,e®9578
The following were the rates of domestic exchange on New
Yore at the under-mentioned cities to-day: Savannah, buying
1-16 discount, selling par ; Charleston, buying par, selling %
premium ; New Orleans, bank, SI 50 premium ; commercial,
35c. per S I, 000 premium; Chicago, 70c. per $1,000 discount;
St. Louis, 30o.@50c. per $1,000 premium.
United States Bonds.— Government bonds have been ac
tive and somewhat unsteady. Sales at the Board include
$1,078,000 4s, coup., 1935, at 112% to 114%; $20,000 4s, reg.,
1925, at 112% to 113%; $37,500 4s, coup., 1907, at 107% to
103; .$73,500 4s. reg.. 1907, at 106% to 107%; 82,000 5s, reg.,
at 110%, and $100,000 5s, coup., at 110% to 111%. The fol
lowing are closing quotations:
Interest J uly
Periods
18.
—
W A L L S T R E E T . F R I D A Y . J U L Y *21. 1 S 9 6 -3 P. M.
1996.
Juiy 18.
143
2 s , --- --------- - reg.
48,1907.. ...... reg.
4», 1907......... coup.
48,1925........... re*.
4s, 1925.........coup.
5s, 1904........... reg.
5s, 1904.........ooup.
69, 3ur’oy,’ 97. .reg.
6s, oar’cy,’ 98...reg.
6s, oar'cy,’99,..reg.
is , (Cher.) 1896. re*.
is , (Cher.) 1897. reg.
4*. (Cher.)189s.reg.
4s, (Cber.)1899.reg.
July
20.
July
21
q.-Mch. • 95 * 95 • 95
q.^Jan. * 106 hi 107 *a *106H
J.-Jan . * 107
1073* *107
Q.- Feb. *112 *112 *112
Q.-Feb. 113
113
113^
14.- Feb. -110% - llo % *110
<$■- Feb. 111*« 110% 111*4
I. A J. * 100 *9 *100 *100
r. & j . *103 *103 *103
J. A J. *105 *105 *105
March. *100 *100 *100
March. *100 *100 *100
March. *100 *100 *100
March. *100 *100 *100
July
22.
July
23.
July
24.
* 95
*106*u
‘ 107
112%
114
*110
*11114
*100*a
*103*3
*105*3
*100
*100
*100
*100
* 95
106%
107%
*113
1145a
110%
*111*4
*100*3
*103 4
*105*3
*100
*100
*100
*100
* 95
106*«
108
113*s
114
*110
*111*4
*100*3
*103%
*105*3
*100
*100
*100
*100
• This 18 the price bid at tbe morning board, no sale was made.
United States Snb-Treasary.— The following taoie shows
receipts and payments at the Sub-Treasury.
Balances.
Dale.
July 18
•• 20
21
•• 22
“ 23
“ 24)
ReeeipU.
•
3,350,730
5,055,982
2,027,116
8,300,988
5,475,848
3,857,817
TOUII 27,868,481
laym en,,.
0mn
S
$
4.103,3051104,774.058
3,369,965 102,608,309
2,403,267! 102.459,040
3,079,7811108,648,316
2,956,459 115.575,297
3,835,812(117,129,806
Coin Cert's.
$
2,371,393
3,037,775
3,018,510
2,757,438
3,132,054
2,977,686
Currency.
$
82,748,450
85,933,835
85,726,217
85,019,220
80,237,012
78,65a,876
lfl.748.589l ................
Coins.— Folio wing are current quotations in gold for coins :
Sovereign*. .. . . . . $ 4 90
® $ 4 94
Napoleon*.......... 3 87 a 3 93
X X Kelohinark*. 4 80 ® 4 86
25 Peseta*.......... 4 75 » 4 80
8nan. Doubloons.15 55 »1 5 75
Mex. Doubloons. 15 50 a 15 75
Fine gold b ar*...
par ®% prein.
Fine allver bars... — 69 a — 69%
Five francs.......... — 90 ® — 95%
Mexican dollars.. — 53% a — 54%
Do unoom’clal.. — 53%® — 54
Peruvian sols......— 4S%® — 49%
English silver— 4 86 ® 4 y0
U. 8. trade dollars — 65 ® — 75
State and Railroad Bonds.— Sales of State bonds at the
Board during the week are limited to $3,400 Tann. settle
ment 3s at 76% to 78% and $10,000 Virginia 6s defd. trust re
ceipts, stamped, at 4.
The market for railway bonds has been moderately active,
and although easy during the early part of the week has
hardened on the better feeling whioli now prevails in finan
cial circles and in many cases prices have advanced. The
Atchisons, Readings and Northern Pacifies have been
most active and are an average of one per cent or more
higher than last week. Among other bonds conspicuous for
activity are Chicago & Nor. Pacific, Erie, Mo. Kan. &
Texas. St. Louis Southwestern, Southern Ry., Texas &
Pacific. U. P. Den. & Gulf, U. S. Cordage, Wabasli and
West Shore issues.
Railroad and Miscellaneous Stocks.— Under the influ
ences which were paramount last week the stock market
continued depressed until near the close of business on Mon
day. A t that time it became known that a movement was
on foot to replenish the Government gold reserve and the ef
fect was a rally from the low prices that had been readied,
which were in several cases below the Venezuelan panic
prices of December last. After being feverish and unsteady
on Tuesday tlie market improved in tone on Wednesday on
the prospect of a better supply of foreign exchange and a ces
sation of gold exports, since whicii it has been relatively
steady, with some tendency to firmness.
The subjoined table shows the fluctuations of some of the
prominent railroad stocks during the week.
Highest. Low'si.
Highest. Low’si.
149
Burling. & Quincy... 67%
62% L a ck a w an n a ........ ...1 5 1 %
116%
St. Paul.................... 72%
67% D ela w are A H u d— 121
87%
North West............... 96*8
92 % C entral o f X . J ......... 93%
44%
Kock Island............. 57%
52% L ou lev. & N ash v...... 47%
Southern B y . p 'f'd ... 21%
20
Lake Shore..............144% 137
M anhattan E le v ....... 96%
90%
N. Y. Central......... 93%
90
Unusually low prices have also been recorded for most of
the industrial list. American Tobacco, Chicago Gas, Pacific
Mail, Pullman Palace Car, Tenn. Coal Iron & Ry., Western
Union and United States Leather preferred are among those
which have this week scored |the lowest quotations of the
year,
THE CHRONICLE.
144
NEW YORK STOCK EXCHANGE —ACTIVE
STOCKS for week ending JULY
[V O L.
21,
Monday,
July 20.
11 *
17
*»e
15®e
20 %
12%
17%
%
15V
20 %
•59% 60%
44
43
91V
•14
13
•150
92%
10% 1 1 %
15%
•%
15%
19%
•58
41
90
16%
%
15V
19%
59%
43%
91%
15
13! 8 12% 13
153 1*148
66 * 67: ll 62*8 66
40* 41 ] *40%
Tuesday,
July 21.
67% 70% 68 * 70*
123%
*121%
1 92% 93% 92* 95
93*
| 144 144
56% 58: S 52% 56is 53% 56J
34
34]
33% 34
34% 34'
•123 125 *123 125 *122 125
23
f3: >| 21% 22 % 22% 23
•79
80
80
80
15* 16
17
•15
17 1 *15
*53
65
*53
65
•55
65
117* 118
116%118
118 118
149% 150
*11% 12* *11 * 13
42% 42is 42*
43*
1388 13%
13* 13V 13
30
30
17
17
30
*27
*27
30
•27
30
*106 112 *108 113
•.......115
92
91
90
90
•91
92’
6i
6
6%
*6%
6!
21
22
23
24
*23
13% 14is 143s 148
*14
62
60
61* 61
64
138 142
137 139
138% 140
74
74
75
73
*73
75
46% 47 * 44% 45 % 45^ 47
5% 7
5%
0%
*5% 6i
13
Ills 13
14
14
92%
94
9334
94
94
94
93* 94
94%
92% 92?
§92
92
93
*91
17
*13
17
*13
17
*13
70
§70
*60
75
68
50
45
*37
*37
45
‘37
71%
122
i
1
JP
*
10
10%
18*
16*
19
*17
10
93
Hi
77
10
1734
16is
16
17is
15% 17
16% 16% *16
91
10%
77
*67
21%
521V
164*
5165 165
12 % 12*
13
*7%
8
*7%
17
1714
18
5
*
5
*
*5%
11
11
12
* 11 %
?is
5
*
7
•6
12% 13is
14
14
*10
18
9is
•7
10 *
10
11 % 121
11 %
12is 1213
13
13
*45
49
*45
48
15 *....... 15
93
* 10 %
90%
10%
*67
21is
A c t i v e It I t . S to c k s .
At.Top. .t S.Fe, allinstal. paid
12%l
prel.
18%
Atlantic & Pacific
%
'%
Baltimore & Oliio.........
17
16% *16
19% 20 Brooklyn Rapid Transit
*19% 20
20
60 Canadian P acilic..........
60% •59% 60% *59
44
447s Canada Southern......... .
44% 4 4 * 44*
92%
90
93V 92
92
*13% 14%
15
*14
15
14% 13% 14 Chesapeake & Ohio.
14
*150
154
152 *150 155
65% 67 V 64% 6538
67
*40%
42 Chicago & Eastern Illin o is...
*40%
42
*95 100
Do
pref.
693s 70% Chicago Milwaukee & St. Paul
69% 71% 70%
Do
pref
124% 124% $125% 126% *121 126
94% Chicago & Northwestern___
93% 95% 94% 9638 94
Do
pref.
54is 56% 55* 57V 54V 56 Chioago Rock Island & Paoifio
34
34
Chicago
St.
Paul
Minn.
&
Om.
34
34V
34
32is
Do
pref.
*122 125 *122 125 '122 125
23%
24
Cleve.
Clncin.
Ohio.
&
St.
L ...
24%
§24%
23
23
80
Do
pref.
79 *
78% 78% §79
15
15%
Columhus
Hocking
Val.
&
Tol
*15%
16
*15
16
*56
64
Do
pref.
64
60
*56
GO
120
121
Delaware
&
Hudson.............
121
120
119% 119%
151% 151% DelawareLackawanna&West
149 150
Denver & Rio G rande......
11V 11V * n % 12%
Do
pref.
44% 44%
4378 43 V
*13%
E r ie .............................. .
13%
13%
13%
13% 1414
Do
1st pref.
30%
29 % 2 9 * *
Do
2d pref.
*27
30 Evansville & Terre Haute___
*27
30
*27
30
•109
114
Great
Northern,
p
ref............
.
112
*108 112 *108
91 Illinois Central..................... .
92% §92V 92‘V §91
*91
6%
Iow
a
Central........................
6%
*6
7V
7
7
24
24
Do
pref
27
24
*24
23
*14% 16 Lake Erie & W estern...........
16
15
15% 15
65
Do
pref.
64
6 4 * §64
62
63
141 142 Lake Shore & Mich. Southern.
140% 144% 142 143
*70
73 Long Island......................
74
72
72
*71
46% 47^8 46% 4738 45% 46% L o u is ville A Nashville...... .
*5%
6*
6V Louisv. N ew Albany & Chic..
6*
6*
HV
14% 13% 1 3 *
Do
pref.
14
12% 13V
94
96% 93% 96% 90% 93 Manhattan E levated,consol..
943q 95
94V 96% 95% 96 Metropolitan Traction.........
*92
94 Michigan Central..................
94
*92
95
93
*12
17 Minneapolis & St. Louis...... .
*12
*13
17
17
*65
69
Do
1st pref
70
68
68
*65
*36
43
34
34
Do
2d pref.
*37
45
*10% 11% *10% 11 MissouriKansas & Texas___
*10% 11
20
Do
pref
1 7 * 19% 19% 20% 19
17
17% Missouri Paoifio....................
17% 18
16* 17*
*16
18 Mobile &Ohio........................
16% 16% *16
18
11% 11% 11%
16% 17% 17
*%
*%
%
16%
16
17
*19% 20% 19V
*59
60
*59
44% 43V
43
87*
8 9 * 92
*14
*14
15
13
13>
■150 153 §152
64
66
63
*40ifl
*40%
19
35
35
91% 92
12
17*
%
12
17*
92% 93V §93
*10
13
"10%
*70
"70
77
75
§75
*24%
25
23i *22
23
161 166 §163 164 §160
13
13
13 J4 13%
13
8
8
*714
*73s 8
19
18% 18is
17% 18
*5
6
*5
6
*5
* 11% 12
m i s 12
11*
6
6
6%
6*
6*
133
13
13
13% 13
*12
18
*10
*12
18
*
10
9*
10
10% 11% 11
’ 1614 11
12%
* 12% 13
*12is 12
48
48
49
*45
15 *
15
*10
12
1, 1898.
Sales of
Range fo r year 1896
the
[On baits o f /00-share lot*. 1
Week, |
H IG H E ST AN D LOWEST PRICES.
Saturday.
July 18.
and since JAN.
L 2 . II1 .
93*
13%
77
25
164%
13%
8
19V
6%
n *
6%
14
18
9*
11%
12%
§3138 31V N ew England.
$92% 93%
"10
13 N e w Y o r k Chicago & St. Lou is
*70
75
Do
1st p r e f.
§25
25
Do
2d p r e f.
§164 164
T o r k N e w H a v e n & H a r t.
*12% 13% N e w Y o r k O n tario & W estern.
8
Y o r k Susq. & W est., new.
§7V
Do
pret.
18V 1 8 *
*5
6% N o rf.& W e s te rn ,3d instal. pd.
*10% 11%
D o pref.,tr.ctf8 .3 d in s.p d .
5V N or. Pac., 2d in stalm ’ t p a id.
5V
§13% 13%
D o pref., 2d instal. paid.
*10
18 O r.R y & N a v .C o . rec. asst. pd.
10% 11
O r.S .L .& U .N or.rec.S d in s. pd
Phila. & R ead in g 2d in st. p d .
13% 13% P itts b u rg Cinn. Chic. & St. L .
27,433
16,112
100
1,160
887
3,841
24,750
5,870
25
124,320
200
10V July 20; 17% Feb. 24
15 July 16i 28% Feb. 24
% June 10
V Feb. 6
13 Mar. 6 44 Jan. 27
19% July 20 25% A p r. 23
52 Jan. 4 6 2 * M a y 27
41 July 20, 5 1 * Feb. 10
8 7 * July 22 109% Apr. 23
14% Jan. 9 15% Feb. 15
12% July 20 18% Apr. 23
155 Apr. 2 155 Apr. 2
62% July 20 82% Apr. 24
40% Apr. 13 43 Jan. 18
98 Jan. 23|l00%Mar. 5
63% Jam 7| 79V June 17
121% July 16 130% Mar. 2
92% July 20 1 0 6 * Apr. 23
142 Jan. 8|150 June 30
285,763
540
28,472
100
81,481 52% J u ly 20 74 V Feb. 24
3,250 31% Jan. 7 45% A p r. 27
117
Jan.
7 125%
39%
90%
18%
50 June 22 60
115% J u ly 16 129%
149 Ju ly 16 166
H V J u l y 2 2 14
40 Jan. 7 51
13 J u ly 20 15%
2 9 * J u ly 22 4 1 *
17 J u ly 15 25
25 Jan. 15 34%
108% M ar. 13 121
89% Jan. 8 98
6 J u ly 20 10%
21 J u ly 20 38
13% J u ly 20 22%
60 J u ly 20 75
1 3 4 * Jan. 7 1 5 4 *
72 J u ly 22 84
39 V Jan. 7 55%
5% J u ly 21 10%
11% J u ly 16 2 4 *
90% J u ly 24 113%
92 Jan. 6 1 0 9 *
90 J u ly 15 9 7 V
16 June 11 2 1 *
66 J u ly 17 83
34 Ju ly 23 53%
10 J u ly 20 13%
16 J u ly 20 31%
15% J u ly 20 2 9 *
16% J u ly 20 25
4,089 21% J u ly 20
313 78% J u ly 22
300 14% June 22
100
4,149
1,250
100
1,660
3,000
353
124
441
970
1,550
2,050
2,896
6,101
900
78,256
1,700
2,650
37,132
2,500
371
105
200
520
12,432
26,887
200
180
3,244
317
92
1,158
95
2,945
225
2,375
100
300
1.215
2.215
"1 2 0
31,810
450
100
J u ly 3
Feb. 10
Feb. 20
Jan. 23
J u ly 22
Feb. 11
June 5
Feb. 4
Feb. 24
M ar. 12
M ar. 17
M ar. 16
Feb. 24
M ay 7
Jan. 31
Feb. 7
A p r. 23
Feb. 5
Feb. 7
June 17
Jan. 7
Feb. 24
Feb. 18
Feb. 13
Feb. 11
M a y 25
Feb. 11
Feb. 21
Feb. 21
A p r. 22
Feb. 21
Feb. 25
A p r. 24
J a n 11
35 J u ly 21 51% Jan. 28
90 J u ly 16 99% Feb. 10
10% J u ly 20 15 Jan. 22
71% Jan. 17 80 J an. 22
21% Ju ly 20 35% Apr. 13
160 J u ly 23 186 Feb. 10
12% Jan. 7 15V Jan. 31
7% J u ly 16 11V Jan 31
17 J u ly 20 31% Feb. 6
6 July 14
t% A p r, 29
t4% M a y 8 1 1 * July 8
9% June29
t% M a y 23
110 A p r. 16 117% Mar. 9
tlO
Feb. 18 22 Apr. 14
13% A p r. 14 10 July 2
12% Jan. 7 16 June 16
12 J u ly 16 18% Feb. 7
48 J u ly 22 59 Feb. 27
17 Jan. 15 20% Jan. 31
16 Feb. 8 18% Feb. 10
114 M ar. 30 118 Jan. 3
57 Jan. 29 60% Jan. 3
3% J u ly 2
5 * Feb. 7
7% J u ly 16 13 Feb. 26
22 June 12 27% Feb. 24
§86
J u ly 1 91 Feb. 10
1 0 7 * J u ly 24 115 Jan. 11
1 7 * J u ly 15 22% Jan. 14
7% J u ly 16 11 Feb. 6
19 V Ju ly 24 33% Feb. 25
9% Feb. 25
6 J u ly 20
32 June 8 35 M ay 6
75 A p r. 6 75 Apr. 6
3% Jan. 7 10 Apr. 21
5% Feb. 13
2 June 10
7 * Feb. 24
5% July 20
13 J u ly 20 1 9 * Feb. 24
7% J u ly 20 13% Feb. 14
24% Ju ly 21 4 0 * Feb. 13
4% Feb. 24
1% J u ly 1
Do
pref.
P itts b u rg & W e s te r n ,p r e f___
R io G ran de W e stern ___ .........
115 R o m e W a tertow n & O gdensb.
113 116 *113 116 *113 117
5115 115
25
*50
*57
63
*50
60
60 St. L ou is A lt. & T. H .,tr.rects
*50
60
63
*57
63
4
4 St. L ou is Sou thw estern..........
*3*
*3%
4
3%
3*
*3
4
*3*
4
331
8%
7% 8
*8
9
8%
§8%
8V
8
8
720
Do
pref.
22
*15
18
22
*18
*15
22 St. P a u l & D u lu th ...................
*15
*15
22
18
87
87 *
87
87 *
87
87 *
Do
pref.
108 114 *108 114 *108 113
•106 113 *106 114
107* 107* St. P a u l M inn. & M a n ito b a ...
100
18% 18% 18% 18% Southern Pa oifio C o................
18
18i
18% 181
2,020
7 % 7*
7%
7*
7*
73
7*
7*
8
7% Sou thern,voting trust, o e rtif.
8V
7,315
7V
2134 19V 21
20
21
20% 21% 21
20% 21
21
211
D o p ref., v o tin g trust, cert. 23,090
7
6
6%
7
t7
6%
6J
56% 63
6% T e x a s & P a c ific .......................
6%
6%
1,340
*30
*30
*30
*80
35
35
*30
35
*30
35
35
35 To led o & O hio C en tra l...........
*70
74
*70
*70
74
*70
74
74
*70
74
*70 •74
Do
pref.
5*
6
6
6%
6%
6 U n ion P a c ific tru st r e o e ip ts ..
5*
6*4
5V
6i
7,391
6V
*2
2%
*2
21
*2
2%
2% U n ion Paoifio D e n v e r & G u lf.
2V
180
5%
5*
5*
5%
5*
5*
§5% 5% W abash.................. ..................
5*
5V 5’
5*
1,355
13
14
13% 14% 14
14% 14i
14% 14% 15% 14% 14%
Do
pref.
6,850
7% 8%
8% 81
8%
8
HV
7%
7V
7V 8%
8% W h e elin g & L a k e E r i e . . . ....... 12,925
25
26% 24% 27
*26% 28
2 6 * 27% 27
27% 25
26%
Do
pref.
2,545
*lis
2
*1%
2
2
*1%
2
*1%
*1%
2 Wise. Cen. Co., v o tin g tr. ctfs .
m is c e lla n e o u s S to c k s .
8
•9 ___
9
67*
7*
8*
§9
9
8 J u ly 20 19 Jan. 27
3
8V 8V A m erica n C otton O il Co
39% 40
39% 40
*40% 43
42
42
41is 42
41
41
Do
pref.
986 3 9 V J u ly 16 69 Feb. 11
103% 104% 101 103% 102 104% 102% 105% 104% 106V 103% 1 0 4 * A m e rica n Sugar R efin in g Co. 293,095 97 Jan. 7 126% Apr. 21
97
97% 97
9714 98
■598
98
97
9 7 * 98V 98
98%
Do
pref.
2,228 95 Jan. 6 105% Ju n el2
56
57
58
56% 5 8 *' 58 V 60% 58
1 57
58* 55
59 A m e rio a n T o ba cco C o............ 71,611 55 Ju iy 20 95 Apr. 2
§93
93
Do
pref.
55 97 Ju ly 14 103 Feb. 13
50% 53* 51is 55
53
54* 49is 52
53V 55% 51% 53% Chicago Gas Co., oerts. o f dep. 63,635 4 9 V Ju ly 20 7 0 * M ay 4
140 142
142 143% 144 146
■144 145
145 146V *
C onsolidated Gas C o m p a n y ..
4,330 140 Ju ly 20 1 6 4 * Apr. 29
10
10% 10% 11% 10% 11% 11% 11V 10% 1 1 % D is.& C .F .C o.,tr.ots.allins.pd. 19,951 10 Ju ly 16 2 0 * Apr. 23
10% 11
22% 22% 20V 22% 21
23% 22is 23% 23% 25% 23
23* G en eral E le c tr ic C o ...
19,168 20 Ju ly 16 39% Mar. 13
54
*54
59
56
54
54 *
60 Illin o is Steel C o ........
400 5 4 Ju ly 2 L 75 Apr. 15
19% 19% 18V 19* 18% 19% 1 8 * 20
19V 20
"20% 20 % N a tio n a l L e a d C o.......
4,747 18% Ju ly 21 28% Apr. 21
§82% 82% *80%
80
80
80
80
‘ 81
85
82% 82%
Do
pref.
868 79 Ju ly 16 92 M ay 4
3*
4
4
4
3% 3V
4%
430
3V 4
6% Feb. 24
4
4% N orth A m erioan C o ...
3 V Ju ly 20
2,755
17
19
20
20
17
18
18
18*
17% 18V
18%
Pa
oifio
M
a
il................
18*
11,12
L 17 Ju ly 20 31 Feb. 10
*103
*
*101 %
* 101% ____
*104
►111
P ip e L in e C ertificates.............
141 144
*143 146
143 144
144 145 M49 149 *T43 148 P u llm an P a la ce Car Com pany
1,466 141 J u ly 20 164 Feb. 11
69% 69
*69
69% 69
69% 6914 6938 69
69% 68V 68V S ilv er B u llion C ertifica tes___ 282,000 6 7 5s Jan. 8 70 Feb. 24
15% 11* 16% 15% 1 6 *
15V 17* 13
16* 17*
16% 16V Tennessee C oal Ir o n & R R . .. 26,364 13 J u ’ y 20 3 4 * Feb. 10
Do
pref.
4
4
4
4
4
4
3V
4%
3V
3V
§3V 3V U .S.Cord.C o.,tr.rec.all ins.pd. 2,115 3 * J u ly 16 6% Feb. 7
*7% 8%
7%
7%
7%
5
7
7%
§'
7% *7%
P r e f., tr. reo. a ll ins. pd.
7*
7% J u ly 20 12% Feb. 7
775
6%
6%
6%
6%
78,
6%
6%
*6%
6%
6%
7
5% J u ly 16; 1 1 V Feb. 8
7 U n ited States L ea th er Co......
2,505
49% 4 9 *' 44
49
45
47
45
47*
47% 50
47% 48%
Do
pref.
44,006 44 J u ly 20 69% Feb. 14
* 1 5 * 16% 15% 1 5 *
15* 1 5 * 1 5 * 15% 15% 15% 15% 15% U n ited States Ru bber C o.......
1,450 1 4 * J u n e 29 29 Jan. 13
73
78% 77
78% 77% 7 9 *
78% 79 V
79% 80% 78% 79% W estern U n ion T e le g ra p h ___ 35,0881 77 July 20 87% A p r 22
41
15
*1
-Theseare bid and asked; no sale inado.
§ Less than 100 sha-es,
15
1 Before payment o f any instalment. 1 Ex-div. and scrip.
J
u l y
THE CHRONICLE.
25,
XEVT
YO R K
STOCK
E X .C M .Y S O E
P R IC E S
J u ly 2 * .
I n a c t iv e St o c k s .
t In d ic a t e s u n its t e a .
B id .
(C o n tin u e d )— I N A C T I V E
R a n g e (s a le s ) m 1896.
Low est.
A sk.
H igh est.
R a i l r o a d S to c & t a .
170
J u ly
A lB » n y & S u s q u e h a n n a .............1 00 170
7 % J u ly
0
8
A b u A r b o r . , ................ , , . . — 100
20
J u ly
19
22
P r e fe r r e d ..................................... 100
7
Feb.
3
8
B a lt. & O . 8. W , p r e f., n e w ........ 100
131 % J a n .
S e H s v iE e & S o u th . 111. p r e f .......100
M ay
1 0 s " 102
B o sto n A ft. Y . A i r L i n e p r e f ..1 0 0 103
10
Jan,
>20
10
B u ffa lo R o c h e s t e r & P i t t s b u r g . 100
57 1 51
M ay
P r e f e r r e d ...............
100 ___
70
M a r.
63
B u rl. C e d a r R a p id s A N o r ......... 100
1 6
J u ly
7%
C h ic a g o G r e a t W e s t e r n ...................
4 1 % Jan.
42
la
C le v . L o r a in & W h e e l, p r e f ....... 100
155
J au .
C le v e ’ au d A P it t s b u r g .......... — 50 1 6 4
0
8
5 % Jan,
D es M o in e s A F o i t D o d g e . . . — .1 0 0
51
A p r.
50
60
P r e f e r r e d .....................................100
4
3% J u ly
3%
D u lu th 8o . S h o w Sc A t l a n t i c Ti -100
6% 10
10% A p r .
P r e fe r r e d 11............................... 100
10
{0
! 45
A p r.
E v a n s v ille Ac T e r r e i l . p r e f ........50
} 13
Fob,
F lin t A P a r e M a r q u e t t e ..............1 0 0
. .. . ! 37 .Mar.
P r e f e r r e d ....................... . —
.1 0 0 .......
i 85
Jan.
-Illin o is C e n tra l le a s e d l in e s — 100
r J 25 J a n .
In d ia n a I llin o is & I o w a ............. 100
0% M ay
8
0%
K a n a w h a A M ic h ig a n — ........... 100
2
3 ; 2
J an.
K e o k u k & D e s M o in e s ................ 100
10
12
J u ly
12
P r e f e r r e d .....................................100
L o u .s v . St. L o u is & T e x a s ......... 100
... .. ..! 9 J a n .
M e x ic a n C e n t r a l........................... 100
M e x ic a n N a t io n a l t r . c t f s ......... 100
% M ay
®s
158
J u ly
M o rris A E s s e x ...............
— 50
N s w J e r s e y A N . Y ____ _ _______ 1 0 0
....
P r e fe r r e d ........... ..............
100
115% J a n .
J f. Y . L a c k . A W e s t e r n ................ 100
05
;; 7 0
M ay
N o r f o lk A S o u t h e r n .....................10O
O h io S o u t h e r n ...............................It*'2 ’
1 % June
P e o r ia D e c a t u r A E v a n s v i l l e . . 100
3
Jan.
P e o r ia A E a s t e r n ________________ . . . . IC-3 i
.6
1S1% M ay
R e n s s e la e r A S a r a t o g a ................. 0 0 171
.!
39
Jau .
B io G r a n d e W e s te rn p r e f .........100
.j
5
Feb.
T o L St. L . A K a u . C t t y li............ 100
J
.
.
.
.
P r e fe r r e d t ............." . . . .............100
**T%
♦ N o p r ic e F r i d a y ; la t e s t p r ic e th is w e e k .
NEW
SECURITIES.
YORK
Bid.
Alabama—C la e s A, 4 to 5...... 1900
Class B, 5 * .......................1906;
Class C, 4a........................ 1206
Currency funding 4s.—......1920
........,9 1 4 ‘
Loan s,
B id .
S E C U R IT IE S .
Sp ecie,
S »D t o f t i e * Y o rk ., f 2,000*0 .$2,027,8"$12,490*0;
i, 050,0 2.178.7 14,423,0;
M anhattan Co.
0.069,5
....... 2.000.0 1.001.1
2.203.3
0,353,0
M e c h a n ic *'-.--.-. . . . t A r n e t t e * .. . . . . . . . . . . 1,600,0 2.503.7 10,330,0
300,9. 4,404,0!
P h e a ix ...................... ; 1*000,0:
m m * o; 3 2,3 55, 1 :
S3,9: 2,350,1!
300,0! 7.330.1 23,037,3
OfilMEB.i'QS^ ,»*-.«.•.***«. j
174.7
3.098,2 ;
000,0;
M erch ttoW StKCh's*’
0.290,4
G a lU t! u S *tionaJ . . J 1,000,0 1.040.4
215.4 1,388,0’
B a t « h « r * ’dfcD ro v e r*' j
320.0 2.310,0
M ech an ic*' * T r a d ’*
942,8s
B tt.m w \ c h . . . . . . . . . . . :
200.0 s 171,4!
1
M
^
ssassp
S ta le o f N e w Y o r k ..
A m erica n E x ch an ge
B r o a d .. . .
M ercantile............ i
Piw dfio...— . ~ . . . . . .
m
832
5.000.
1.000.
aep a b U c...... * — «*{ 1,600,0.
P eo p le’ s . . . . . . . . — - j
North America..... .
M a rk et A F u lto n ...j
“ * » a L ea th e r-----. j E x c h a n g e .......I
• a t u io n u l...---- ...
a p o rierx fc T rx d en i'
." a r k , ,..* . . . . . . . . . . . .
Baal E lv e r , . . . . . . . .
Fou rth N a t io n a l....
C entral N a t io n a l....
Second N a t io n a l....
N in th N a t io n a l.....
m n i N a t io n a l......;
T h ird N a tio n a l.....,.!
F L Y , N e t E xch an ge
450.0
200,0!
1.588:8!
500.0
£8
88:8
300.0
519.5 3,074,0
101.0 1,639,7’
490,3 3,102,0
3.411.1
0
3.080.0
1,957/2
0
24.598,0
21,540,1
5,628/2
062,8: 7,228.8)
474.7 3,402,0!!
913,1: 11,559,1;
265.8
582.6
1.727.1
:
'
277.7
m i,I
88,7
1,207,3
247.6
417.7
5,707,7
2,418,0
2.034.1 15,094.9
354.9 3,014.0
101,2 2,820,7'
1.452.7
1,022,0
1,245,9'
210.0;
7,902. t
R a fiS '
813.0
695,3!
200.8;
185.0.
141,8;
e n d in
i:i750,0]
l
933.0
8437988,0:
683-5
4374
1,930-5!
6715
349-8,
798.3
3,891-7
.170.6
‘S
S i;
14,3*7.3
7,379,7
3.610.4
m485.0
662.1
266.7
101 8,262,0
690.1
2.808.0
6.388.4 L078.4
777.0
6,663,8!
885.1
1,640,6 216,7
4.882,3 693,9
241.0
3,146.0
5,358,0 859.0
1,775.0 210.0
11.737,2; 334.5
5.136.01 1,079.8
9,545,4: 497.6
368,6!
3*7,7!
360,3!
916,01
535,0
137,7 3.009,2
3226 3,254,3
4,536,1! 23,308.3
480.5
4,542.4
1,180,9 5/247,5
22,6
522,4
— ■» -’,22.7:74.073.7 479>.40.1> 92,333.4
m
244.8
653.5
4.109.0
3.
639.8
m
3,001,9
1,061,5
2.453,7
19,134,0
16,876,1
4,834,4
1.443.0
7,229,7
576,»: 2,072,0
1,540,5- 12,481,6
m
kih
MSB
32,218.1
7,654-9
1.400.8
3,702-0
1.870.7 10,700.5
958.0
7,802.0
3.046.7 18.577,0
888,0! 4,266,0
719.8! 20/205,1
206.0'
1.807,7
nn
335-2!
424-7,
1.410.8
4,565,1!
006.3
1.776,01
3,731.0
3433,3
120.7
18,018,9’ 1,048.4
8,483-0, 272.0
6.313.0 884.0
8.334.8 408.1
preit
S.804.5;
L e g a te . D ep osit*.
227.81
m
250.0
Bowery------- -----200.0
N e w Y o r k C o u n ty ..
750.0
Herm an tm e r lc a n ..
C h a se N a tio n a l----F ifth A v e n a e ... ...
germ a n KxcbAO ge.
200,0M e tm e u l*,——----- .
$00.0
J0alt*d S t a t e * ......
300.0
L in c o ln ................. .
300.0
G a rfie ld ...
F ifth N a tio n * !—
!
200,0
300.0
B »u k o f the M strep.
200.0
S id e ----- ---- ------------500 0,
Seaboard . . . . . —___>
300,01
S ixth N M to o * !....... I
Wasrlera N a tio n * !.. 2,100,0
300,0;
m a n N » « . B P k ly n ,.;
N »4 . Colon Banx___ 1,200.0
500,0
L ib e r t y N a t. B a n *.!
K ,Y » Pros. JU ak'fte.; 1.000,0,
Total
P B IC E S .-S T A T J S r B O N D S J U L Y
R ange, (s a le s ) i n 1896.
Ask,
H igh est.
L ow est.
150% A p r
116 " " i f a y l
6% J u ly
97
M ay
33
M ay
95% June
% Feb.
96% F eb !
4% J a n .
34% Feb.
98
Feb.
4 % M a r.
162% A p r.
32% M a y
33% June
100 % M a y
6 2%
35
30
86%
60
72
2 1%
6%
8%
15
4%
340
2
14
7
24%
48
89
101
Jan.
Feb.
Apr
A p r.
Feb.
Feb.
June
Feb.
Feb.
M a r.
Jan.
June
Jan.
June
Feb.
Feb.
A p r.
Jan.
Feb.
A ek .
1.348.01
666.4,
839,0;
3,180.21
673.1
314.4
477.0
1,797,9
449.5
1.315.0
739,3
421,8
3.369.0
8,336.8
208,4
3,788,1
3,212.0
958.0
8*3,5
4.170.8
758,4
*21,4
108.0
318.3
568.6
3.123.9
5,990,6
3,581,1
6,780,3
18,685,0
w
3.213,0
",2 2 3 ,"
6.414.0
3.277.0
10.316.0
5,244,3
1.740.0
21.948.0
39,021,3
1,156,0
18,787.8
9.316.0
8.360.0
3.788.0
20.389.4
m
2.078.0
3,536,7
2.827.1
17.328.4
1*Stf
172.3
504.0
1,040.2
476.6
313.4
999/
340,'
fff:3
3.123.0
566.1
2.050.0
587.6
530.2
65.937,4505,1191,1
*A 4 .
S E C U R IT IE S
B id .
T e n n e s s e e —6 s, o l d .........1892-1898
6s, n e w b o n d s ......1 8 9 2 - 8 - 1 9 0 0
do
n e w s e r ie s .................1914
C o m p ro m is e , 3-4-5 69 ........... 1912
3 s .................................. . —
.1 9 1 3
R e d e m p t io n 4 s .......................1907
do
4 % s ....................1913
P e n it e n t ia r y 4 % s .................. 1913
V ir g in ia fu n d e d d e b t, 2 - 3 S ...1 9 9 1
6 b, d e fe r r e d t% t r a e ’ ta , s t a m p e d .
A ek,
76
4%
7
Sew fo r k City, Boston and Philadelphia Banks:
Ba s k s .
C a p ita l S u r p i ’i
B id .
147
183% M a y
148
145 % J u ly
35
40
11% F e b .
{110
29% Feb,
108 hi* J u ly
51*
7
Feb.
6% J u ly
85
>h A C a b le ......... 100
86
J u ly
131 % Jan.
" ....................... 50 {1 7 %
102
M ay
1 4 is J u ly
80
81
J u ly
84
25
M av
6 2% M a y
is
% Feb,
70
M a r.
95% Feb.
1 0% J nne
% J u ly
19
C o lo ra d o F u e l A I r o n ................ 100
18
16
J u ly
5 4% M a y
P r e f e r r e d ................................... 100
162
M ay
90 M a y
9 % J a n e C o lu m b u s & H o o k in g C o a l ........100
% J u ly
60
J u n e C o m m e rc ia l C a b le ........................100 125
16214 A p r .
C o n so l. C o a l o f M a r y la n d ____—100
31
30
M a r.
36
6
Jan.
1 4% Feb.
26
A p r.
90
93
50
Feb. :E d is o n E le c . TU. o f N . Y ............ 100
89
Jan.
IB
Feb. E d is o n E lec . 111. o f B r o o k l y n . .1 0 0
E r ie T e le g r a p h A T e le p h o n e ..1 0 0
59
43
F eb
A p r.
In t e r io r C o n d u it A I n s . . . ......... 100
92% M a y
35
Feb.
L a c le d e G a s .............
100 !1S% 19
25
Jan.
17
J u ly
P r e f e r r e d .....................................100
8
Jan.
Feb.
80
78
3 % M a r. M a r y la n d C o a l, p r e f .................... 100
40
55
M ic h ig a n - P e n in s u la r C a r C o - .10 0
13
Feb.
P r e fe r r e d .....................................100
591* F e b .
50
J u ly
M in n e s o ta I r o n .............................100 {5 4
12 ~ ? e b .
N a t io n a l L in s e e d O il C o ............. 100
2% Feb.
15
M a r.
N a t io n a l S ta r c h M fg . C o ............100
4 % J an.
8
1663, F e b .
N e w C e n t r a l C o a l..........................100
4
7 i * M a r.
8
O n ta r io S i l v e r M i n i n g . . .............1 0 0
8
Jan.
11%| 13
x
O re g o n T m p ro v ’ t C o, t r . r o o t s . . 100
120 " J a n ,
% Ju ne
P e n n s y lv a n ia C o a l...... ................ 50 3 2 0 "" 3 4 0
320
A p r,
70 M a y
Q u ic k s ilv e r M in in g ...................... 100
1% A p r .
3
1%
14 June
13
P r e f e r r e d .................................... 100
3% ‘ F e b .
18
5 Jan,
0
J u n e T e x a s P e o ifle L a n d T r u s t ______1 00
J u ly
15
182
Feb. •
15hi 15
J an.
40
46% F e b . j D . 8. E x p r e s s ................................ 100
42
38
70
5 % A p r . | U , s . R u b b e r p r e f e r r e d .............. 100 {7 0
J u ly
W e lls . F a r r o E r p r e s a ................ 100
90
92
88
J u ly
N e w Y o r k C it y B a n k S ta te m e n t fo r th e w e e k
J u l y 1 8 , 189 6.
W e o m i t t w o c ip h e r s (0 0 ) i n a l l c a s e s ,
HANK*.
(0 0 * om itted .)
J u ly 24,
I n a c t i v e St o c k s .
f In d ic a t e s u n lis te d .
M is s o u ri— F u n d ...............189 4-1895
N o r t h C a r o lin a — 6g, o l d .......... J A J
F u n d in g a c t ............................ 190 0
N e w b o n d s, J A J .........1892-1898
C h a th a m H R ..... ................... .......
S p e c ia l t a x , C la e s I . .....................
C o n s o lid a t e d I s ......................1910
6 8 ............................................ - 1 9 1 9
S o u th C a r o lin a —4 % * , 2 0 - 4 0 - 1 9 3 3
6 » , n o n -fu n d — ..................... 1888
B u m p e d 4 a ..................................— . j
New o o n o la , 4a,— ..... 19141
f % I n d i c a t e s a c t u a l s a le s . J
M is c e lla n e o u s S to c k s .
EXCH ANG E
Aak.
A rkan aas— 6a, fu n d , I I 01-1899-1900;
d o . N o n - H o lfe r d !
Ts, A r k a n s a s C e n t r a l R R ............ I
T jjo ls la n a —7 a ,o o n «——
STOCKS.
j A c t u a l sa le s .
STOCK
102
145
Uapital A
Surplus.
Loans, j Specie.
Legal*.
Deposit s.+ O ireV n.
$
S . ¥ .*
S u m 20.. 134.098.4 474,733;6 61.5*4,6 82.198.1
•4 27.. 134.898.4 474.969,3 62,015,3 84.145.7
i n l y A . 134.698.4 4 7 M 9 9 .3 ‘81,886,S 83.223.7
134.098.4 *77.132,9 61,950,8 86,158,5
•* 18.. 134.093.4 479.540,9 62.333,4 85,937,4
B o n .*
0.440,0
69.351.8 162,342,0: 8,610,0
7.712.0
09.351.8 162,027,11 8,737.0
^ i t
7.700.0
44 18.. 09.351.8 169.612.0 8,011,0
P h il a . *
J u ly 3.. 35.203.0 103,203,0:
28,C118.0
44 11.. 35.203.0 103.342.0
27/
27,! T o
44 18.. 35.203.0 163.307.0
495.329.8
490,974,7
499.040.9
503.438.1
503.991.1
14.007.8
14.584.9
14.556.9
H.595,8
14,599,4
144.934.0
143.473.0
145.155.0
9.894.0
9.960.0
9.937.0
93.079.7
92.983.8
93,206,0
100.510.0
99,491.0
109.745.0
6.503.0
8.480.0
0,481,0
65.845.9
min
* We om it two ciphers in all these .rt^urea, t In clu d in g fo r B oston and P h ila
delphia th e item .lk due to o th er banka.”
MiscellaneouB ami Unlisted Bonds:
3 fi£ C e lla n e o a « B o n d *.
Br*kiyn Un. i4a»,lafc cons. $g. 102 b.
Ch. Jan. & S, Y d a.—O o l.t.g„5 »
C o t O, «t l . B e v e l, g-u. 5*.......
Colorado Fu el & I , —0 e n . 5a. ‘ *80" a .
C o t A H ock. Coal &
g.
Cons.G a a Co., Ohio.—I n t gu.os ’ Y o ''a .
Consol. Coal conv. 8a— . —
D ec 'Jus con. l e t 5 . . . . . . . . . . .
EiliSOii BIcc. 111.Co.—la t 5 a ..
Do.
o f Bklyn., l a t 5 s ,.
E q u it. O.-L., N . Y.,cone. g.oa.
B ifu lta ble 'i. & F .—1st d a ....
ttvm im n im B ridge—1st g. Bs. 100 b.
Itlin oia Steel den. 5a............
N on conv. dob. /.a ...... .
In t. Goad. &; Ins. deb. 6 a ,....
Ma n ila , Beach H , <&L , g. 4a.
H is c e U a n e o n e B onds.
M etropol. T el. A T e l. 1st 5 s..
Mlchu-Pehtd. Oar 1st 5s ... ..
M u tu al Onion T e le g .—6a, g . . i OS b
N a t. S tarch M fg . 1st 6 s ....
95 b
N . T . & N . J. Telep. gen. 5s
N o rth w estern T ele gra p h —7s
P eo p le’s Gas «fe C. 1 1st g, 8s.
Co., C hicago...... J 2d g. 0s. 106 a
1st cons. g. C s ...................
90 b
P leas. V a lle y C o a l - 1st g. 6s.
Sunday C reek Coal 1st g 6s.
O. S. L ea th e r—S X deb.,g„6s. 110 iab.
W estern U nion T e le g .—7 s ...
W h e e l. Ii. B, <ftP itts. Coal 18 to s
U n lis te d B o n d s.
A m .S p irlts M fg., 1st,w heniss
Com stock T u n n el—in c. 4 s ...
0 b
N o t * .—*45” in d ica tes p rice b id ; “ a ” p rio e asked. * L a t e s t p r ic e t h is w e e k .
Bank Stock List—Latest prices this week,
B A N B jW.
BANKS.
A m e r ic a . . . . . 300
A m . B x o h ... 105
B o w e r y * ..,
27$
B ro a d w a y ...
B a tch a '& D r. 1 1 0 “
Central . . . . . . 120
C h a s e ...__ _ 400
C h a th a m .....
C h e m ic a C :. 4000
C it y , . . . . . , ..
CithBena’ . . . . .
Colum bia___ 175
C om m erce... 203
C o n tin en ta l. I8 0
Corn B i c b . . 275
Bast R iv e r .. 121
11th W a rd ,..
F ifth A v e .,.. 2800
F ifth * ........... 250
2850
F ir s t........ .
F ir s t N., S . I .
14 th S tr e e t ..
Fourth.
G a lla tin ...... 200
170
300
4250
is
207
28$’
....
275
Bid,
G ftrfle id -.....
Germ an A m . 112
German S i , * 3H0
S sra & n ! * . - 330
GreeiiTsieh . 105
H a n o v e r...... 300
H a d . R iv e r,. 157
ir a .& T r a d V
I r v i n g .......... 140
L ea th e r M t « ‘ 170
L in c o ln ... ... 750
M a n h a tta n .. 207
M a r k e t s Fnl 205
Meohanioa’ .. 185
M ’ cha* A T ra ’
M erea n tlla .. 150
M erch an ts’ .- 130
M eroh’ ta E i i l l
M e tr o p o lia .. 400
M t. M o rris . - 100
N a ss a u ,-----urn
225
N e w Y o rk
N . Y . Co’n tv . 010
625
110
__
195
__
.....
535
__
__
_r. 193
.
170*
310
A sk ,
118
140
.....
......
150
240
(*N ot listed,)
BA NK S.
Bid,
N Y . N a L E x 95
N i n t h . . . . . . . 108
19th W ard.. 120
N. A m e ric a 130
O rlentA l — 175
P a c i fi c ...... 180
P a rk ............
P e o p le ’ s ___ 235
P h e u lx ........
Prod. H3x.*.. 115
RepnbUo___
S ea b o a rd . . . 170
S econd........ 425
S even th ___ 100
S h o e * L e ’ th 95
S ta te o f N .Y . 105
T h i r d . . . . . . 103
Trad esm ’n ’ H
Union S<i.* . 185
U n io n ___ . . . 202*9
Uii d Statei. 175
W e s »e rc
. 110
W est S id e ., 270
142
200
sa r
io T
155*'
112
105
94
114
THE CHRONICLE,
146
ttO S T O N ,
t»iftL*4.OKliPHtA
Active 8tocks.
July 18'.
Monday,
July 20.
11 7g 12k
11
11%
A.tch. T. A 8. Fe)(Boston) .100
Atlantic A Pao.
M 100
Baltimore A Ohio (Balt.). 100
......
GO
Balt. City PaasVer “
25
16%
Wife 16% 16
Baltimore Traction “
25
16La 16
16
BaltimoreTrao'ntKPAil.)- 25
9.07
U
907Li
205
207
Boatou A Albany (Boston). 100 •
206% 207%
208
Boston & Lowell
"
100
153 153
Boston A Maine
44 100 I ?>4 154
Central of Maas.
*'
100
d eferred
**
100
O e. Bur. A Quin.
44 100 66% 67% 62% 65
67% 70%
Ohio Mil. A 8t. P. (PAt/.).100 71 k 72
5%
5%
5%
51*
Clio O. AO.YOt.t.o“
50
15
OIL 8t Ry.of Indli
“
100
88%
88% 88
Fltchbur« pref..(Boston). 100
30% 30%
31k
Lehigh V alley.. (P h ila .). 50 31
Maine Central (B obton ).100
93% 94
MetronornTrao.1! (P h il). 100
8
8
8
8
Mexican Cent’ l (Boston).IOC
New England___
"
100
60
Prefen e d ........
“
100
*66%
Northern Central (B a ll.). 50
5%
•614 7
5%
Northern Pacitif J(Phila.)lO Q
Preferred;
“
100
Old Colony...... ( Boston) 100 176% 176% 176*4 176*9
Pennsylvania. ..(P h ila .). 50 51% 51 % 50% 51%
5
5 »lfi
6
5k
Phil. A Reading.f
44
50
63*4 65
Philadelph Trao.
44
50 65% 65%
*5%
6
'5%
6k
Union PacifiO-..f .Boston). 100
12k 12%
Union Traotion..fJ7i//a.;. 50 13% 13%
M is c e lla n e o u s S to c k s
103% 104% 101 103 m
Am.Sng’ r Reiin.il ( Boston)..
97% 98%
99
98
P referred ...... .
44
200 200
BeU Telephone..
“
100 200 200
x74% 77%
83
Bost A Montana.
“
25 82
1%
1%
Butte A Boston..
44
25
299 300
Calumet & Hecla
44
25 ‘300 305
61
Canton C o ......... (B a lt.). 100
Consolidated Gas
*' 100 60% 60%
59% 60
Eleo.8tor. Bat’yif (P h ila .). 100 22*2 22% 2L% 21k
25
23
23*s
Preferred if
“
100 25
58
55% 57%
Erie Telephone.(Bouton). 100 58
22
k
21
22%
22*4
General Eleotrio.
“
100
57
57
57
**
100 57
P referred .......
*17
17
13k
Lamson 8tore8er.
“
50 17
Lehi’h Coal«feNav. (P h ila .) 50 397s 39% 39 k 39%
95
95
96
N. E.Telephone (Boston). 100 95
Pa. Heat.L. A Po w (P h ila .) —
11*4 11% 10k 10%
65
63
63%
Unit’d Gaslmp.il
“
50 65
38% 38%
Weisbach Light Ti
“
5
"IL
,
2
West End Land.. (Boston)...
1*% i=s
* Bid and asked prioes:
Inactive Stocks.
B id,
A sk.
Tuesday,
July 21.
11*4 11*4
8ales
P e r C e n t u m P r ic e * * .
Wednesday,
July
11%
12
*15% 16%
60
60
16*8 1550 16
16
15% 15%
15% 16
203% 204
203 205
-206 207 * ___ 206
150 150k
150 150
* . __
10
64
69%
5*4
18
*88
88
88
30% 31
30
___
130 130
94% 94k
94
7%
7%
7%
66%
71%
5*4
18
88*4
31
67
6
*13%
176k 176k *.......
503; 51 *4 51
5*4
53s
64
64% 64%
6
'6
6**8
12% 12=8 12=8
67
6
14
176
51%
5**16
65%
6k
13%
63 k 657«
68% 70=8
5%
5%
67
6
ol.
L i]1 1 ,
AMI) U A Ll'lH O R E STOCK EXCHANGES
1S iiu r e P r i c e * — « o t
V Indicates unlisted
[V
67
6%
94%
8
Thursday,
July 23.
12%
114i 12
*%
%
17
*16
*60
61
16*4 16*8
16*8 16%
*16% 16%
205 205
205 205
206 *205 207
156 156
155 156
"9
10
52
*50
64 k 65k
655s 67
70% 7 l 7s 6930 70%
5*4
5%
5*4
5%
*15
88
*83
88*4 88
30*4 30%
30% 31
*128 130
95
95
94% 95%
8
8
8
8
40
*35
*60
70
*66% 67
*66>s
6
6
6%
64,
13% 13% *13k 14
176 176
176 176
51
51*s
51% 51%
53s
5*4
5%
5*4
64
65
653s 65*4
:%
6
6*4
*6*4
13
12=8 13
13k
12k
Range o f sales in 1896
Week,
Shares.
Friday,
July 24.
5,105
25
1,992
1,607
571
152
606
18,562
34,625
1,402
135
199
710
2
1,331
1,492
27
1,020
110
84
3,445
15,797
8,948
575
11,490
Lowest.
H igh e,
11
July 20 17% Feb. 24
kJuoe 8
=8 Feb. 24
13 Mar. 6
60 July 20 70 Jan. 2
15 =s July 22 19% Apr. 16
15% July 22 19 Apr. 17
203 July 21 217 Jan. 28
202 Jan. 29 209 June 1
150 July 21 171 Feb. 19
10 Mar. 3 1 12% Mar. 10
52% July 10 56 Feb. 28
62*8 July 20 82% Apr. 24
64 Jau. 7 797e June 17
4% Ai>r. 8 12*s Jan. 2
15 J ul v* 17
88 July 2 97 Feb. 10
30 July 21 38% Jan. 30
130 July 21 136% Jan. 3
93% July 20 109% May 25
7% July 21 12:!e Feb. 24
38 July 15 51 Jan. 28
70 July 1 85 Jan. 28
67 July 21 70 Feb. 14
*4 May 25 J67s .1uly 15
97s Apr. 17 17% Mar. 9
175% Jan. 6 179 May 8
50% Jan. 7 54% Apr. 23
1 k Jau. 10 8%* June 16
62 Jan. 8 72% May 5
3 Jau. 23 10 Apr. 21
10 Jau. 8 20 May 18
103k 104% 41,150 97*4 Jau. 7 126k Apr. 21
102 104% 102 k 105% 104%106
1,038 95 Jan. 7 105% June 12
97% 97*4 98% 98%
97*4 97% 97*4 98
676 197 Jan. 2 208 June 18
200
200
200
198% 199
199
198*4 200
21,068 65 Jan. 7 91% June 15
74% 77% 75% 77k
77*4 78% 76 % 78
100
1 k Mar. 7 13k Jan. 31
2
*1*4
14.
-1*4
1%
"1*4
*1*2
49 295 Jau. 3 311 May 22
300 300 *300 305 *3(0 302
300 300
*60
62
61 June 18 64 June 18
742 55% Jan. 20 66 Apr. 2
59% 59% 59% 60
59% 60
59% 60
24% 25
1,638 21 July 16 36% Apr. 15
21% 22% 22 7s 23
2478 25
27
170 23 July 20 38 Apr. 16
24
27
24
24
24
57
55% 56
438 55% July 20 63 Jan. 31
55% 55% 56
56% 57
*23% 23%
1,972 21 July 16 39% Mar. 13
22% 23
*23*4 23%
237s 25
60
*55
109 50 Jan. 8 78 Apr. 14
*57
60
60
‘ 57
60
65
45 17 July 17 2 1 May 6
*17 17%
17
17%
*16
17
17
*17
40
40
297 3 9 k July 20 46 k Feb. 8
39% 39*f *39%
*40
4L
95
*94
95
88 87% Jan. 26 96 July 17
*95
96
96 *
95
2.350
11% ii*%
9 Jan. 7 15% June 15
10% 11% 11% 11%
11% 11^
61%
64
1,935 62% July 21 81k Jan. 2
62 sj 63*4 62% 633
64k 64 k
38% 39
39
40
268 34*4 July 16 67 Feb. 17
39
39
38% 39
900
*2
2*e Feb. 14
■1*4
1% June 29
>1*4
1%
1%
1% *1*4 2
no 8ale was made.
t Trust reoei pts, $5 paid. t Trust reo. 2d instal. paid.
Inactive stocks.
B id,
A sk .
Boston United Gas, 2dm. 5s..1939
61
116
Burl. * Mo. River E xeu p t 6s, J&J
Non-exempt 6s........1918, J&J
107
100
Plain 4s......................1910, J&J
Chic. Bnrl,& Nor. 1st 5,1926, A&O
102*4
2d molt. 6s.............. 1918, J&D
97
Debenture 6s...... ..... 1896, J&D
99
Ohio. Burl. & Quincy 4s -1922, F&A
94
Iowa Division 4s...... 1919, A&O
97
Chlo.&W.Mich. gen. 5s, 1921, J&D
50
Consol, o f Vermont, 5s.1913, J&J
54
70
Current River, 1st, 5s..1927, A&O
Det. Lans.&Nor’n M. 7s. 1907, J&J
65
Eastern 1st mort 6 g,1906,M&8..
121
Iree.E lk.& M .V .,1st,68.1933, end.
129
! Unstamped, 1st, 6s, 1933...........
127
K.C. C.&8prlng.,lst,5g.,1925, A&O
70
K C. F.S.& M . con.6s, 1928, M&N
85
K.C. Mem. & Blr.,1st,2s,1927, M&8
60
K.
C. St. Jo. & C. B., 78..1907, J&J123
L. R o c k * F t 8., 1st,7s.. 1905, J&.I
95
102
Louis.,Ev.&8t.L.,1st,6g.l926, A&O
2m., 5—6 g .............. 1936, A&O
87
Mar. H. & Ont., 6b...... 1925, A&O
108
Mexioan Central,4 g . . . 1911, J&J
60 *a
1st oonsol.inoomes, 2 g, non-onm.
17
2d consol, incomes, 3s, non onm
8
N. Y. & N.Eng,, 1st, 7s,1905, J&JJ
119*4
1st mort. 6s......... ...1905, J&J
112*4
Ogden. &L.C.,Con.6s...X920,A&0
84
Ino.6s................................. 1920
15
Preferred.
100 20=8 21
Rn tland, 1st,6s......... 1902,M&N
102
. 50 65
05%
2d, 5s.......................1898,F&A
90
Preferred.
50 87
88
.100 236*4
AtlanUoCTty te t^ s fg.^ ig il^ M & N 103*4 104
West Jersey................
44
50
eo Buffalo Ry. oon. 1st, 5s......... 1931
W en Jersey A Atlan.
44
50
20
Catawissa, M .,7s....... 1900, F&A 112
Western N.Y. A Penn
44
100
2
1%
Clioc. Okla. &Oulf, prior lien 6s..
107
Wisconsin Central... fitotf/
.100
2
1*4
Citizens’. St.Ry.ot lnd.,oon.5s.l933
80
P referred.................
44 100
15
Columb. St. R y „ 1st, con. 5s.. 1932 ’ 95"
Worc’at.Nash.ARoch.
44
100 112 117
Columb. O. Crosstown, lst,5s,1933
M ISCELLANEO US.
Consol. Traot. of N. J.. lst,5s,1933
80
Allouez M in’g, asst pdfBosf
. 25
1 Del. & B’d Br’k, 1st, 7s. 1905, F&A 123*2
%
Atlantic Mining.......
44
25 16
17
Easton & Am. lstM .,5s.l920,M &N
109*4
Bay State Gas if......
44
50
8 % Elec. & People’s Trao. stock.tr. ctfs
8*4
67
Boston Land....... .
44
10
3%
4% Elmir. & W ilm .,1st,68.1910, J&J. 120
Centennial M ining...
44
10 *15
25
Ilestonville M. & F., eon. 5s..1924 110>«
Fort Wayne Elect*TI..
44
25
1
2
Hunt. & Br’d Top,Con.5B.’95,A&0
Franklin Mining___
44
25
8*4
9*4 Lehigh Nav. 4*ss........1914, Q—J
Frenohiu’n’sBay L ’d.
44
5
1
*4
2d 6s, gold............... 1897, .T&D 103*4
ItUuoiR Steel................
44 100 52
55 I General mort. 4*48, g 1924,0—F
Kearsarge Mining....
44
25 10
10% Lehigh Val.Coal 1st 5s,g.1933, J&J
96*2
Osceola Mining........
44
25
23*4 24 1Lehigh V alley, 1st 6s... 1898, J&D 104%
Pullman Palace Car.
44
100 145 148 I 2d 7s........................ 19X0, M&8 133 134
Fenusylvauia Steel.. (P h i
100 21
Consol e .................. 1923, J&D
-|117
Preferred il...............
44 100 50
Newark Passenger, con. 5s...1930 100 101
Quincy Mining......... ( B o s t o n ) . 25 108 109
North Penn. 1st, 4 s ....1936, M&N
108%
Tamarack M ining....
|||
25 75
77 1 Gen. M. 7s......................... 1903,J&J
113*4 ■
Water Pow er............
IOC
1 1Paterson Railway, consol. 6s.......
%
Westingh. Elec. A M..
50 25
26
Pennsylvania geu.6s,r..l910, Var 131 132
Pref., cumulative.
50 £0
50%
Consol. 6s, o
.......... 1905, Var
120*4
Consol. 5s, r ....................... 1919,Var
J<kJ
72
73
Oollat.
Tr.
4**
g
........
1913,
J&D
2d2% -4s,g.,
H&O 23
24
Pa. & N. Y. Canal,7s... 06,J&D 124
B wf
United Gas 1st 5b,....
79
- 575
Con. 5s....... ..............l-a 39 a &O
Price Inoludes overdue ooupous.
II Unlisted
j And accrued interest.
Prices oj July 241.
Atlanta & Charlotte (Balt.). 100
Boston A Providence (Boston). 100 260 264
45
Camden A Atlantic pf. (P h ila.). 50
Catawissa...................
“ 50
1st preferred.........
“
50 53
41
Central Ohio............. (B alt.). 50
7
5
Chicago A West Mich. (Boston). 100
143
142
Connecticut A Pass..
“
100
Connecticut R iver___
“
100 240 250
221*
Consol. Tract.of N.J.iJ(PAito.).100
165
Delaware&BoundBr.
"
100
11
10
Flint A Pere Marq.. .(Boston).lOO
33
Preferred.... .............
“ 100 30
52
46
Hestonvllle Passeng. (P h ila .). 50
59
Preferred if...............
44
50
28
Hunt. A Broad Top...
44
50
Preferred..................
44
50
513,
5
Kan. C’y Ft.8. A Mem. (Boston) .100
10
Preferred.... .............
44 100 35
50
Little 8chuylkill........(P h ila ,). 50
62*4
Mine HiH A 8.Haven
44
50 67*2 68
Nesquehoning V a l...
44
50 55
North American Co..
44
100
4
4%
North Pennsylvania.
44
50 85
Or.8h.Line2d aset. pdf Boston;. 100
10
Pennsylvania A N . W. (P h ila .). 50
32
PhlladeL A E rie.......
44
50
18
Itutl d ....................(Boston) 100
2
1
Preferred..................
44 100 68
70
io9*s
B o n d s.
People’s Trao. trust eerts. 4s..1943
Perklomen, 1st ser.,5s.l918, Q—J
Phila.& E rie gen. M. 5g.,1920, A&O
Gen. mort., 4 g ......... 1920, A&O
Phila & Read, new 4 g „ 1958, J&J
1st pref. Income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. Income, 5 g, 1958, Feb. 1
2d, 5s.........................1933, A&O
Consol, mort. 7s........1911, J&D
Consol, mort. 6 g ........1911, J&D
Im provem ents!. 6 g., 1897, A&O
Con. M.,5 g,,stamped,1922,M&N
Terminal 5a, g ...... .1941, Q.—F.
Phil. Wilm. & Balt., 4 s.1917, A&O
Pitts. C. & St. L., 7 s....1900, F&A
Roohebter Railway, oon. os ..1930
Bchuyl.R.E.Side.lst 5 g.1935, J&D
Union Terminal 1st 5s......... F&A
B o n d s.—B a ltim o re .
Atlanta&Oharl., Ist7 s, 1907, J&J
Baltimore Belt, 1st, 5s.1990, M&N
Balt. C. Pass. 1st 58... 1911, M&N
Balt. Traction, 1st 5s..1929, M&N
Exten. & impt. 6s....1901, M&S
No. Balt. D iv „ 5s...... 1942, J&D
Baltimore & Ohio 4 g., 1935, A& O
Pitts. & Conn., 5 g,...1925, F&A
Staten Island, 2d, 5 g.1926, J&J
Bal.&Ohio 8. W.,lst,4*4g.l990, J&J
CapeF.&Yad.,8er.A.,6g.l916, J&D
Series B., 6 g . . . . . . . . . . 1916, J&D
Series C., 6 g ......... ..1916, J&D
Cent. Ohio, 4*a g ........... 1930, M&S
Cent. Pass., 1st 5s ....1932, M&N
City & Sub., 1st 5s........1922, J&D
Chari. Col.&Aug.ext.5s. 1910, J&J
Col. & Qreenv., 1st 5-68.1917, J&J
Ga. Car. & Nor. 1st 5 g .. 1929, J&J
Georgia Pao., 1st 5-6S...1922, J&J
North. Cent. 6s.............. 1900, J&J
6s............................... 1904, J&J
Series A , 5s................ 1926, J&J
4*46........................... 1925, A&O
Piedm.&Cum.,1st, 5 g . 1911,F& A
Pitts. & Connells. Is t7 s.l8 9 8 , J&J
Southern, 1st 5s......... ..1994, J&J
Virginia Mid., 1st 6s.-.1906, M&S
2d Series, 6s................1911 M&S
3d Series, 6s..............1916, M&S
4th Series, 3-4-58...... 1921, M&S
5th Series, 5s............ 1926, M&S
West Va C.& P. 1st, 6 g.1911, J&J
Weet’ LN.C. Consol. 6 g.1914, J&J
Wilm. Col. & Aug., 6 s..1910, J&D
Bid
Ask.
93
72%
28*4
16*4
13*4
121
126
118
103
100%
109
73*8
29%
17*4
14*4
128*4
104
101*4
110
110
102
102*4 104
116
113
107
lo3%
105%
102
116*4
88
1 14
109
104k
L06k
104
.......
98 lo o ""
........ ......
108*4 109
102
103
107*4
111
104
72
110
110
108
83*4
113
ilT"
LOO
103*4 104*4
104
M ISC E LLAN E O U S.
Baltimore Water 5s... 1916, M&N 121
Funding 5e........
1916, M&N
Exohange 3**s........ ..1,930, J&J
69*4
Virginia (State) 3s,new . 1932, J&J
Funded debt, 2-3s...... 1991, J&J
55*4 56%
Chesapeaxe Gas 6s____1900, J&D
Consol. Gas, 6s..........1 9 1 0 , J&D
5s ____
.1939 J&J 101*4 102*4
Bouitabie
t >1
i03’
i'io” IIIIII
THE CHRONICLE.
J E L Y 25, 1896.]
X G tV
YORK
STOCK. E X C H A N G E
R a il r o a d a n d
M is c e l l a n e o u s B o n d s .
P R IC E S (C o a t in n 8 i)- .ia :r 7 Y E
C lo s in g R a n g e (s a le s ) in 1896
In fs t
P r ic e
P e r io d J u l y - a .
Low est. i H ig h e s t.
147
S J fV J S J o W t
R a il r o a d and
M iscellaneo u s B onds.
it
AXD F 0 3
Y E A R 1S96.
C lo s in g Range (sales) in 1896.
I n t ’st
P r ic e
P e r i o d J u ly 24.
Low est.
H ig h e s t.
105 %b. 10 6
J u ly 1 1 1 % Jan.
A rn er. C o tto n O il, d eb ., 8 g . 1 9 0 0 Q — F
& D
M . K . & T e x a s .— 1st, 4s, g .1 9 9 0
VStgb. 77 J u ly
87 Feb.
A n n A r b o r .— 1st, 4s, g ....... 1995. Q—J : 62 b. 66
Jan. 1 72
Feb,
2 d , 4 s , g ..............
1 9 9 0 ;® & A
54
52
J u ly
63% Feb,
74
A t . T , & S .F ,— N e w g e o . 4 s .l9 9 5 :A ^ fe O
: 7 1 % J u ly i 8 1 % F e b .
M o. P a o .— l s t , o o n . , 6 g ....... 1920JM & N
SO
80
J u ly
97 Jan.
A d ju s tm e n t 4 s . . . . . . . ___ 1905! aNo v . , 3 2 %
3 0 % J u ly
3d, 7a.................................. 1906 M & 1ST *1 0 0 b, 106
51% Feb.
M a y 112 Jan.
C o l. M id la n d — C o n s .,4 g . 191 0 F & A 120 A 119% J u ly 127
Feb,
P a o . o r M o .— 1st, e x ., 4 g _ 1 9 3 S ;F & A 102%b. 101
P e b . 104% June
40 b. 40
Mai-.
A t l. <Ss P a o .— G u a r. 4 s ....... 1937|...........]
50
Apr
; 2 4 e x t . 5 s ....... ................1 9 3 8 jJ & J 1 0 0 b. 105
M a y 106
Apr.
B ’ v ,'a y A 7 tb A v .-ls t,e i)U .g .5 .-i’ 4 3 jJ & D ,1 1 5 %
11 1 % J a n . 117 % H a l
St, L , * I r . M t . l s t e x t . , 5 s . l 8 9 7 : F & A 1 0 2 a. 100
P e b . 102% Jan.
77 b. | 16
J u ly l o a
B r o o k ly n K ie v . 1 s t, 6 g -----19 2 4 A & O
Jan.
2d, 7g ............................. 1S97 M & N 10013a. 100 Jan. 103% A pr.
75 b. ! 7 s
J u .y :100% J a n
U n io n E le v a t e d .— Ok. ... 1 9 3 7 M & N
Cairo Ark. & Texas, 7g.l897 J &■ D 100 a. 99% Ju ly 102% M a y
a. 90
J u ly 101
M ay
Gen. R ’y,fcland g r . , 5 g , 1 9 3 l ! A & O 69
68 Ju ly
31% M a r
J a n . j 1 10% J une
Canada, S o u sliera .— 1st, 5 s,1908 J & J 107 a. 108
M o b ile A O h io— N e w t ig
192 7iJ & D ’ 115 b. 117
Jan. 120% M a y
2 d , 5 s ..................................1913 M ^ S 101 a. 100
J u ly 107
Feb.
60
G e n e ra l m o r t g a g e , 4 s . .. 1 9 3 A M & S
49 Ju ly
68%
Feb.
C e n tr a l o f NT. J .— C on s.,7a, 1899 l 3 t * L 105
:
b. 107 % A p r . 1 1 0 % M a r.
N a s A C t & S t . L T — 1st, 7S ..19 13. J A; J ’ 1 28 ia a. 127
Feb. 132 June
C o n so l., 7 s . ......... — .. . . 1 9 0 2 M <fc N 112
b. 115% F e b . ,120 A p r .
C o n sol., 5 s ......................... 1 9 . 8 i A & O
95
95 J u ly 102 F eb
11*2% J a n . 120 J u n e : N , Y . C e n tr a l—D e b t e x t .4 s . l9 0 5 !M & -N 102
G e n e r a l m o r t g a g e , 5 g . .. 198 7 J & J 114.%
100% JaiL 103% A p r
L e h .& W .B .,e o n .;7 s ,a s M . 1 9 0 0 f Q—-M : 102 b. 102
J.....
u ly
. ' 108
. Feb.
1 st, o ou p o n , 7 s ................. 190 3 J & J 115
115 Ju ly 120% M ar
**
m
moriz&
o rtgageSa
ize S B ..1912
1 9 1 2 1M
M <fc
A I* . . . . . . . . 9
0
An
90
p r . ; 92
9 2 % M a r.
D eb e n ., 58, co u p ., 1 S 3 4 .. 1 9 Q 4 M & S 105 ! 105% Mar. 109 Feb.
A m . D o c k I m p . , 5 s . . . . 192 1 J & J 110 a .
I131 % J a n . 114 % M
r.. & H a r le m , 7s, r e g . , 1 9 0 0 .M A N ’I l l 1 111% M ay 1 1 1 % June
N .a Y
C e n t r a l P a c if ic . - G o ld , 6 s . 1898
& J% 100
9 9 % J a n . 104 M a y
H . W . A O g d . , c o n s o ls , os. 1923! A & O 115
115 J u ly 119% Feb.
J u ly
d i e s . <fe O M o . - S e r . A , 6 g , . l 9 0 8 }A A O , U 8 b. 115% A p r . 118
W e s t S h o re, s o a r ., 4 b ___ 2361 J & J 102%
102% J u ly 107% June
M o r t g a g e , 6 g . . .............. . 1 9 1 1 A & Q .11 8 a. 114% A p r . 1 1 s J d u e l N . Y . Ohio. A S t. L .— 4 « . . . 1937 A & O 103
102 Jan. 105 Feb
l 8 t e o a s o l . , 5 g . ..... ...........1939 M Ac N 105 a. 104 % J am 1 1 1% A p r.
N . Y . L a c k . A W . — 1st, 6 S ..1 9 2 1 J A J
129 Jan. 133% June
G e n e r a l4 % s, g . . . . . . . . . ..1 9 9 2 s a ! & 8
6 3 % : 6 7 % J u ly
78% Feb.
C o n s tru c tio n , 5 * . ............ 1923 F A A ' 1 1 6
112% Mar. 115 June
95 b. 9 1 % J a n .
9 7 % J u n e N . Y . L .E . A W.— l 6 t.oon . ,7g. 1 9 2 0 j M A S * '139 a, 135
K . & A . I ) i v . , Is t o o n ., I g . l d S O 'J & J
Jan. 140 Feb.
83 a. 82
~
“
2 d o o n . , 4 g . . l9 8 9 M & J
Feb.
88
J' u n e ! L o n g D o c k , eon so l., 6 s . 1 9 3 5 A A O 133 a. 131% A pr. 131% Apr.
95 b. 98
B liz . B e x & B i g . S a n . , 5 g . 190 2 M Sz S
N . Y . N . H . A H .— C on . d e o . c t fs . A A O 131 a, 131
J a n . 102 % F e b .
Slay 137 Feb.
Chtc. Burl. <fe Q„— C on . 7 s .l9 o 3 J & J 112 %b. 113 J u ly 120
J u n e i N .Y . Out. & W .— K e f . 4s, s .1 9 9 2 M A S
S3 b. 82% Ju ly
93% Feb.
9 2 %a. 95
B eb eiitu re, 5 s.. . . . . . . . . . . 1913i51 & N
J u iy 1 0 1 % A p r . !
C o n so l., 1st, 5s, g ............ 1939 3 A D 105%
105% July 110 Feb.
**"■ b. 97
C o n v e r t ib le 5 s ............ . . - 1 9 C3 M & S ’ 96
J u iy 104% F e b .
Y .Y .S u s .a - W. 1st r e f.,5s, g .1 9 3 7 J A J
90 b. 94% Ju ly 100 Jan.
b. 93
D e n v e r D iv is io n 4 s .........1922 F A: A
90
J u ly
95% June
• M id la n d o f N . J ., 6s, g .- .1 9 1 0 A A O
113 % May- 118 Mar.
b. 89
N'ebraafca E x t e n s io n , 4 s .1 9 2 7
& 5" , 35
J u iy
9 1 % Feb.
N o r f .A W .— 1 0 0 - y e a r . 5 « . g .i9 9 0 ;J A J
60 Jan.
67 Feb.
Han... «& Bt. J o e.— C o n s.6 a .1 9 1 1 •M A » : 118 a. 115
A p r . 118% Jam
N o . P a e id o — 1st, co u p , tfg.1 9 2 1 J A J 113
113 Ju ly 118 Mar.
C h ic . & JE. 111.— 1st, a. f. 6 s. 1907 J & D 1 1 0 b. 112
Jan. 117% M a y
D o . J . P . M . A O o. c e r t fB ____
-.1 1 3 % June 114% June
- .1 2 3
Consol, 6 g .............. ........ 1934 A & u
Jan. 127 J u n e
G e n e ra l, 2d, oou u ., 6 g . ,1 9 3 3 A A O ilO S a. TOO Jan. 1115% J ’ne
G e n e r a l c o n s o l., 1 s t 5 s . . 1937)51 *fe N
95 b. 93
J *.ly 102% A p r.
G e n e ra l, 3 d , c o u p ., 6 e . .1 9 3 7 J & D t 6 1 %
160 July
82% Mar.
C h ic a g o & E r ie .— 1st, 5 g- . 1 9 8 2 51 A v 104 b .4 0 5 % J an. 112
Feb.
C o n sol, m o r tg a g e , 5 g . . . 1989 J A D f 4 2 %
31% Jau. i 51% Apr.
O hio. G a s I , * a — 1 st, 5 * . . 1937 J & J
9 0 ii. 87
J u ly
9 3 % Feb.
C o l. tru s t g o ld n o tes. 6a. 1 8 9 s M A JST f 85
76% Jan.
94 Apr.
C h ic. M IL & St. R - C o n . 7 a . 1905 J A J ’
122 U 123
J an. 132% J u n e
C h ic. A N . 'P a o . , 1st, 5 g .,1 9 4 0 A A U :t 3 9 %
137 Jan. 148% Apr.
’ 108 b. 111
J u ly I IS
1st, S o u t h w e s tD iv ., 6 a .. 190 9 J A J
M ay
S ea t. L .S . A E . , ls t „ g u .6 ,1 9 3 1 P A A .........
136 Slur. (4 4 % Feb.
1st, So. M in n . D iv ., 6 s . . 191 0 J & J
112 b. 112
J u ly 118 % J u n e
N o . P a o . A M o a t . - * 6 g ........193 8 M A S I 30 b .!f2 6
Jan. 139% A p r.
1st,Cir.dc P a r. W .D iv .a s .. 1921 J A J 108 %
1 0 S % J u ly U J e j u n e
Sfo. P a o iito T u r . O o— 6 g ...1 9 3 8 J A J 1 0 0 b .,1 0 0
Jan. 109% June
C h ic. & M o . R iv . D iv .,5 a .. 1928 J & J 103 b. 103% J a n . I l l
June
O h io A M ias.— C o rn s.!., 7 8 .1 8 9 8 J a J *1 04 a .: 103 Jan. 104% M ay
W is e .& M in ti..D iv , 5 g ... 192 i J A J '1 0 5 b. lO O t-sJan. 112% M ur.
O h io S ou th e rn — 1st, 6 g . ..1 931 .1 A D
82
| 82 J u ly
94% Feb.
Term in al, 5 g . . . . . . . . . . . . . 1 9 1 4 J A J '1 0 3 t>. 108 Jan. 114 J m i e j H HGHe n e____
r a l Im ___
o r tg a g e , 4 g .,1 9 2 1 M A N
2o a. | 25 Jan.
35 Feb.
93 <ub 9 2 13 A p r.
G en . M „, 4 g „ s e r ie s A . . . . 1989 J Je J
98
J u n o O r e g o n liu p r .C o .— I s t 6 g . . l 9 1 0 J A D
80
a .: 78 Ju ly
91% Jan.
M il. & -Nor.— is t,c o m ,6 s . 1913 J A D '1 1 7 % » . 115*8 J a a . 119
M ay
C o n a o L . o g ..................... 1 9 3 9 A A O 1 9
19
36 Jan.
J uiy
C h ic. A N . W .— C o n s o l., 7a. 1915: % —F
138 a. 138
J u ly ,141
J an.
O r e .K .A N a v . C o .— 1st, 6 g . l 9 0 9 , J A J 1 0 7 % ,105
Jan. 112% June
C o u p o n , g o ld , 7 a . . . . . . . . . 1902: J At D 11 « i a b . ! t l 6 i * j u|v i s o
M ay
C o n s o L . S g ................... ..1 9 2 5 J A D I 97 a, 1 9 0 Jan.
_____ t08
Feb.
S in k in g m o d , 6a ....... . . . . 1 9 2 9 A A O *115
P e n n . C o .--4 % g, (sou p....... 1921 J A J 109 %b. 108% J a n . 113 -% June
••
416
.Mar.
n. 112
J a n . -----S in k in g fu n d , 5 s . . . . . . . . .1 9 2 9 A A O *107*46. 107
J u ly ,111
i’ .C .O .A S t.L .,e (m , gu i %. 19 12 •M ar.
‘Ill
a. 1 0 5 % J a n . 1 1 2 % Feb.
S in k in g fu n d , d eb en .. 3s. 1938 31 A N 105 l>. 107
J u ly 111% A p r.
P e o . D ec, A K v a u s r . — 6 g .1 9 2 0 j A J 100 a. 9 8 % J u ly 102
Mar.
S S -y e a r d e b e n t u r e , 5 a ... 1 9 0 9 M A N: 102% b. 103
E v a n s . D iv is io n , 6 g ....... 1 9 2 0 M A S " 1 0 0 %a. 101
Jau- 107 A pr.
M ar.
Star. 101
Extension . 4 a ................. 1926:F A A * 102 a.j 100
.1au. 102% Apr.
2d m ortage, 5 g ...............1926 M A N
26
M a r.
31 Feb.
C h ic. R . L A P a r . —8 s ,c o u p .1 9 1 7 J A * 1 2 1 h.
J u ly 130 Juue
PUila. AKesid.— Gen., 1 g .. 1958 J A J 1 73
171
July- f 80% J une
E x t e n s io n a n d o o l., 5 a ... 1934 J A
98%
1 st p f.ln e ., 5 g , 2 d ln .it. p A 'o S
t 28%
9 8 % J u ly 108 June
18 % Jan. (3 6 % Jan.
30*y e a r d e b e n tu re , 5 a .. . 1 9 2 1 j M A
t 17 a.
92
J a n . : 97% Pub.
2u p f.in o .,5 g., 2 d la s t. pcL’ 58
5% Jan. f 22% Jan.
M 1 2 2 a3 d p f.in o ., 5 K „ 2d lu st, p d .’ j s
. 129 M ay
t 13%
20% June
3% Jan.
C W « . A W .I n d .- G e u .,g . ,6 s .l9 3 2 . <1 - M
63 b. 65
Juue 118% Peb. > P ltts!> u rg & W e s t e r n — l g . U H 7 J A
77 Jan.
Mar.
C le v e la n d A C a n t o n .—5 s. .1 9 1 7 J A J f 70 b. 79
Jan.
67%b. 87% Ju ly
90 Jan. : itin G r. W e s t e r n - 1 s t 4 g . . 1930 J A
77% Feh.
C I b v . L o r . A W h e e L —5 a . . . l » 3 3 j A A Ci ’ 103 b. 104% A p r. 107 % Mar.
St. J o . A G r. Is la n d — 6 g . ,1 9 2 5 M A N *138 b. 40
Feb. f 51 Jan.
119 J an. 134% M a y
0 C. C. A 1. -C o n su l. 7 g
.1 9 1 4 J A L
St. L. A S an F r .— Q g, CL B . 1 9 0 6 ;M A N 108 b . T l l % Jan, 117% Apr.
Geseral consol., 6 g .
1934 J A J 124 a. 125 M ay 127 M ay
6 g ., C la ss 0 .......................1 9 0 6 iM A N 103 b .1 1 2
Jan. 118 Apr.
C.C.C A S t.L .—P e<j.A E „4 s.l9 4 0 A A ( • 69
64 Ju ly
80 Jan. i G e n e ra l m o r t g a g e , 6 g . 1931) J A J 100 b. 101% Jan. 114 June
14 b. 18% Mar.
In c o m e , 4 a ........................19901 A p r il.
23 Jan.
C on s. gu a r. 4 » , g . ............ 1 9 9 0 A A O ........... I 23
M a t
38
M ar.
C o !. C o a l * Ir o n —0 g .......... 1 9 0 0 4 ’ ‘ " . * 98 a. 94% Jan. 100 Jan.
St. L . A So. W .— 1st, Is , g . 198 9 M A S
e s b.i 67% June 76 Feb.
b. I l l
ii u
A p r. 115% J u ly
C o l. A 9 t h A v e - su . 5a, g . .1993,2
2 d , la , g., tn e o u ie .............1989! J A J
26% a.: 23Sa June 32 Feb.
.
81
St. P-\L(X M .— D a k .E x .,6 g . 191 0 M A N 117...... .117
81 Ju ly
90 Feb.
J u ly 121% Mar.
Jan.
»|* 83 b. 80
G eneral, 6 g ....._________ 1904!J A
I s t e o a a o L , 6 g .................1033 J A J ............117
90 Apr.
124% June
Jan.
D c n v . ,v K t o i, r. - 1st, 7 a ,g. 190 0 M A -N * 1 1 0 b. 110% Jan. 114 A p r.
“
r » d u c e d t o 4 % g . . ! J A J 103 %b. 101% Jan. 106 June
; 6 8 a. 8 3
1 s t c o n s o l., 4 g ................. 1936 J A
92 M ay
J an.
88 b. 84% June 89
Feb.
M o n ta n a e x t e n s io n , 4 g . 1937 J A D
92% Ju ly
DuL So. 8b, A A t L —5g — . 1937: J A
51
1 95 b
98% June i 8 a a . A n t . A A . P . — l s t ,4 g .,g u . '4 3 J A J
49
Ju ly
59 Feb.
1 0 0 a. 97% J .tu, 105% Juue ! So. C a r. A G a .— l » t , 5 g . . : i 9 1 9 M A N
95%a. 93 Jau,
Edlaon E l. HI.— l«t,c o n ^ .S «-'9 5 J A
97 Apr.
So. P a o ltle , A r lx .—6 g . . . 1 9 0 9 1 0 J A J
J u ly ! 95% Feb.
• 88 b.
~
p r io r bonds___ 1996 J A
91 a. 94 Peb.
97 Feb.
I I Ju
' * ly
SO. P a cltlo , C a l. — 8 g . . . 190 5 -1 2 A A O 109
07 Apr.
G e n e r a l, 3-4, x ............ ..1 9 9 6 U A J
107 Apr. 112 J u ly
58%
t 49 a.
1 s t c o n s o l., g o ld , 5 g . ___ 1937 A A O
Ju ly 170% Fen.
92% A pr.
90
F t W, A Denv. City.—Og.. 1921 J
90% Star.
90
G al.H .A 8an .A n -M .A P.D .L»t,f>c M A N
90 J u ly j 93 Jan. : So. P a d bo, N , M .— 6 g ....... 1911 J A J 102
101% Jan. 106 Feb.
S ou th e rn — 1 s t oon s. g , 5 s .199 4 J A J
Jan. ! 93% Peb.
0 0 a. 85
94% June
©BB, E l e c t e e , d eb . 3 * ,g , . . 1 9 3 2 lJ ‘ ”
81% Ju ly
E . P e n n , r e o r g , U en 4- 5 8 .1 9 3 8 M & s
71 Apr.
fo
90 Mar.
93% Feb.
68 A pr.
1 68
99Esb. 99
Ja
102 Peb.
E .T . V . A G . - l a t , 7 g . . . . l 9 0 0 J A J 109 a. 107
Jan. 111% June
C on . 5 g .......................... 1956 -M A H 102
1101 J u ly 109% Apr.
M ar. 103% J u ly
*1 03 V i • n o b.
G e o r g ia P a o . Is t5 - 6 s , g . , 1923! J A J ............>110 Jan.
Jan. 118% Apr.
114 Jan.
K a o x v . A O liio 1 s t 6 s ,g .. 1925 J A J 1 1 2 % a .:U 3
Feb. 116 M ay
Jan.
77% Feb.
6 6 b. 70
2d, 4-58...................... ...1 9 0 9 M A
I o w a C e n tr a l.— l s t , 5 g ____1938 J A
B lo b . A D a n v . o on . 6 s , g ..l9 1 5 J A J 116 a. 115
Jan. 121% June
91
93 M a y
90% Jan.
A pr.
W e s L N o . O a r l s t i o n . 6 s ,g 1914 J A ,J 103 b 109% J u ly 114
K i n g * O o, E le r . — I a t , 5 g . .1 9 2 5 !J A J
60 a 57% Ju ly
71 Jan.
93 Feb.
90 M ay
96 Jan. ! T c n n . 0. 1. A B y — T e n . D .la t , 6 g A A O ........ ..! 89 Jan.
L a c le d e G a » . — 1st, 6 * . g , .. 1919! Q — F • 91%
95 Feb.
B lr m ln g lia m D lv ., 6 g , ..1 9 1 7 ! J A J _______ j 83
Ju ly
L a k e E r ie A W e s t —5 * , . . . 1937 J A J 111
113 Jan. 117% June
T e x a s A P a c tflo — 1st, 5 g . . 200 0 J A D
91 A p r.
L , S h o re. -I.'o u .c p .. 1 s t ,7 s ,2 9 o o J A J! 109 b. 110% Ju ly 115 Jan.
7.*% i 79 Ju ly
24% Feb.
2 d , la e o a ie , 5 g ....... . . . . . 2 0 0 0 .March
16 b. 15 J u ly
O o n so L co u p ,, 2d , 7s. . -.1 9 0 3 J A U 118 b. 116 % J une 1120% M ar.
T o l e a o A O b l o C e n t . — 5 g . . l 9 3 5 J A J 106 b. 105% Jan. 109% June
L e x . A v , A P , » v . F .g u .5 »,g ,1 9 9 3 > M A 8 114%
-. . ,
...
„Jan. 115% July
111
Feb.
!)6 8 177J u ly
120 Feb. i T o t S t. L . A K a n . G — 0 g . . . P . G o J A D 1 70 a .
L o n g W a n d . - 1st c o n ,,4 g . 1931! <1— J
. . . ____ 117% J a n .
U n i o n P a d i l o - 6 g ....... . . . . 1 8 9 8 J A J 100 b. 102
Peb. 107 M a y
O ' 91%a. 92%_ Ju ly
98
Jan.
E x t . s in k in g fu n d , 8 ....... 1899 M A S 180 b. 88
97% Feb.
J u ly
LouIa A Nash.—Cone.7s..1893 A A O I04%b. 104 % Apr. 108% Mar.
............
110% J' u ly 119 Peb. ; C o lla t e r a l t r u s t , 4 % ....... 1 9 1 8 M A N M o a. It 48 Slay t 54% Feb.
K .O . * M o b ile , 1 s t.6 g . . . 193 0 J A J l i t b.
98 Jan.
G o ld 6 a, co l. tru s t n otes, 1894. F A A
97 a.; 91% M ay
"
“
2d, tjg. 19 3 0 J A .1
9 5 b. 97 J an. 102% M a y
G e n e r a l, 6 g ...... ...........
193 0 J A D 1 1 2 b, 1:113% J u ly 1117% Apr. i : K a n . P a e .r -D e n .D lv ., 6 g . 1899 M A N 110 %b. 106 Jan. 111% J uiy
177%
Feb.
J u ly
ls tt.'o u s o l., 6 g . . .......... 1919 M A JS t o o b. 6 0
80% Feb.
71 % J »u .
U n ifie d , I g ...............
1 9 *0 J A J
73
115 A pr.
O re g o n S h o rt L in o — 6 g .1 9 2 2 F A A 1105
1100 Jan.
~
LOU1S.N, A 'A C h .— I s t . 6 a . l 9 1 0 J A J 110 b. i 1 0 % J u ly 1 14 June
170
Feb.
O r . S . L A U t 'l i N , — O o n .,5 g l9 1 9 A A O i 57
151 J an.
89
J u iy 103 Feb.
C a n s o L iO g ..... ........... ..1 9 1 6 A A O
9 0 %b,
40% Apr,
29%
26 J u ly
U .P .D e u .A G u J f,c o n .,o g .lU 3 y J A D
M anhattan consol. 4 s . . . . . 1930 A A O ' 96 a. 9 4 % A p r . : 99 % Mar. i
136%
Feb.
20
119 J lily
114 % J u ly i120 % J u n e , U. 8 . C o rd .— I s t o o L , 6 g . . . 1921 J A J
M etro. E leva ted .—1st, 6g. 1906 J A J 114%
94 b. 95 J u ly 105 A p r
2 4 ,6 * ____ ______ _______ ..1 8 9 9 M & N 10 5 %
105
M a y 108 Apr. ■ V ir g in ia .Mid.— (J en .M ., 5 s .1 9 3 6 M A N
103
102% Jan. 109 Apr.
W ab ash — la t , 5 g . ............. 1939 M A N
M a y 119 Jan,
h.,115
M lc b . C e n t — 1 s t,e o n * ., 7s. 1902 51 A s l i e
77% Feb.
73 a.i 69 Jaa.
2 d m o r t g a g e , 5 g ............. 1939 P A A
J u ly '108% Feb.
C o n s o l. 5 s . . ......... ........... 1902 M A H- 103 i 103
102% J u ly 108% M ay
W e s t N . Y A P a .— 1st, 5 g . 1937 J A J 103%
M il. L a k e $h , & W .— 1st,Og.1 9 2 1 A1 A N 12'j b. 1 9 % J an. 132% Apr.
49% Feb.
38% ! 38 J u ly
Feb. >115% M ay i G en , 2-3-4s, g o l d ............ 1943 A A O
i l l ton . A Im p ., 5 g .......... 1929 F A A 111 a. I l l
104 J' u'ly ,108% JAb0
W e s t.U n .T e L — O oL tr. 5s. .1 9 3 8 J A J 104
9 6 % Jan. >103% Aur.
M la o .A 8 L f - — i s ' i;o !l.;M ,g .U )3 4 M A N
98
129 J u ly 146 F eb .
W la o .(le n t . G o . I s t S g . .. .1 9 3 7 J A J it 30
Peb.
J o n . ! 91
Me, t£.A 11— 1st 5s, g., gu.. 1942'A A O * 89 a. 8 6
N < J r K . - - b " in d ic a te s p r ic e
VKW
YORK
p r ic e a s k e d ; th e r a n g e la m a d e u p fr o m a c t u a l t a le s o n ly .
STOCK
St o u r t r i m
Railroad Bo a d s ,
(g ifte k E x c h a n g e p r i m s . )
Atm tm ffim M M . —
$. , g t m r . . W 2 $
A tc h , PopSfkm >k S a a F ? a o .—
CbiciAgo .k s i . B o i l — .1 st, 6 8 ,1 9 1 5
A t i. A P » . - A t W . U , gu . 6 * .1 0 0 7
W estern D iv is io n In c o m e , .1 9 1 0
B e lt A O b i e - 1st. 6*, P a r k B .1 0 1 9
B id .
EXC H ANG E
A sk. j
* L a t e s t p r lo e th is w e e k .
P i l l C E S - ( C o n t i it u e d ). — I S ’A C T I V E B o j f D ?
SBO U RO TES.
B id .
A sk.
J U L Y
S E C U R IT IE S .
» T r u s t re c e ip t s .
-i I
Bid.
Ask.
80
*67
B a l t A O h io —5s, g o l d ........... 1 9 2 5
......... Brunswick A W ’ n—1st, g., 4s. 1938
Buff. Boob. & P itts.—Gen. 5s.. 1937 *95
Cons, m o rt., g e ld , 5 s — . — .1 9 8 8 103
121
Roch.
A
P
„
1st,
68...............1921
W V a . & P itts .— 1st, g., 5s. .19 90
Boell. & Pitts.—O ons.lst,6s.l922 112 i i 5 " “
B . * 0 . 8 . W .. 1 s t ,g . , 4 % * - - . 1990
.........
Buff. & Suanueh,—1st, 5s, g.,1 9 1 3
M e non. R iv e r , I s t . g . , g. 5 s ..1 9 1 9
ib V
Burl. Ced. Bap. & No.- 1st, 5s. 1906 '104
C e u t 'l O liio B e e r .— 1st, 4 % s . 1930 . . . . . .
A k .* C h .J u n c .— U t,g ,5 B ,g u .L 9 3 0
Consol. & eollat. trust, 5s.. 1934
52
Mint). & St. L .—1st, 7 s ,g u ..l9 2 7 . . . . . . .
. . . . . . . B r o o k ly n E le v a te d — 2(1, o s ...1 9 1 5
Ced. Bap. 1. F. & N „ 1st, 6s. 19201 102%!
S e a s id e A 11.B.— 1st,g ,o » ,g n . 1942
102*3
1st, 5s................................ 1921
76
;
B r 'k lv n B a n . T r a n .—G o ld , Be.1945
*92
THE CHRONICLE.
148
NEW JUKE. STOCK EXCHANGE PItICES .— I N A C T I V E
SECURITIES.
O.OM0- C 0). * Cin.M.lBt,4'*e. 1939
Oent. RR. * Bank. -C ol. g.5s,1937
Cent, of N. J.—Conv.deb., 68.1908
Oent Paoltto—Gold bonda, 68.1897
Sold bonds, 6s....................1898
San Joaquin Br., 6 8.........1 9 00
Mort. gold 5s.......................1939
Land grant, 5a, g.............
Ext. g. 5s, series A B C D ..1898
CaL <s U. Dlv., ext., g. 5B...1918
West. Paottlo—Bonus, 6s— 1899
No. Railway (Cal.)—lBt, 68.1907
50-year 5 s .....__ .........1 9 3 8
Ches. A O.—Pur. M. fund, 6s.1898
Oralg Valley—1st, g „ 5s..-.1940
Warm Bnr. Val., 1st, g. 5s..1941
Ches. O. A So. W est—1st 6s, g .1911
S i, 6s.................................. 1911
Ob.V.—Gen.oon.lst,gu.g,5e.l938
Ohtoago A Alton—8. F., 6s— 1903
L jnls. A Mo. R iver—1st, 78.1900
2d, 7s............................... 1900
S t L. Jacks. A CMe.—2d, 7S.1898
Mlss.R. Bridge—1st, s. f., 08.1912
Cbto B u rl.A N o r.—1st,5s....1926
Debenture 6s ..............
1896
Cblo. Burling. A Q.—5s, s. f.,1901
Iowa Dlv.—Sink, fund, 5s..1919
Sinking fund, 4s...........
1919
Plain, 48..............................1921
Chicago A Iow a Div.—5s... 1905
Calc. A Indiana Coal—1st 58.1936
Obi. Mil. A St. P.—1st,8s,P.D. 1898
21,7 3-108, P. D .................1898
1st, 7s, $ g „ R. D .................1902
1st, I. & M .,7s....................1897
l* t , I. A D „ 7s....................1899
1 st,C. A M ., 7s....................1903
1st,I. A D .E xten sio n .7 s...1908
1st, L aC . A D a v., 5 s ....... 1919
1st, H . A D .,7 s.................. 1910
1 s t H. A D., 5s.................. 1910
Chicago A Paclllo Div., 6s.. 1910
Mineral Eolnt Div. 5s......... 1910
0. A L. Sup. Div., 5s........... 1921
Fargo A South., 6s, Assu...l924
Inc. conv. sink, fund, 5 s.... 1916
Dakota A Gt. South., 58___ 1916
Mil. A Nor. main line—6 s...1910
Chlo-ANorw.—30-year deb.5s.1921
Escanaba A L. S. 1st, 6s___1901
DesM. A Minn.—le t,7 s ....1907
Iow a Midland—1st, 8s....... 1900
Ohio. A Milwaukee—1st, 7s. 1898
Win. A St. F —2d, 7s...........1907
MU. A Mad.—1st, 6s...........1905
O tt C. F. A St. P .- l a t , 5s. 1909
Northern 111.—1st, 5s.........1910
MU. L. S.AW.—Con.deb.,5a. 1907
Mich. Dlv., 1st, 6e............ 1924
Ashland Division—1st, 6e 1925
Ch,R.I.AP—D .M .AF.D .lst 48.1905
1st, 21*8........................... 1905
Extension, 4s.................. 1905
Kaokuk A D e s M.—1st,5a..1923
Ohio. St. P. A Minn.—1st, 6s. ..1918
St. Paul AS. C.—1st, 6s...... 1919
Ohio. A W. tnd.—1st, s. f., 68.1919
General mortgage, 6s......... 1932
Chic. A West. Mioh.—5s....... 1921
Oin Ham. A D.—Con. s. f., 78.1905
2d, gold, 4i*s...................... 1937
Oin. D. A I r ’n—l s t g u 5s,g,1941
Olev. Ak. A Col.—Eq. A 2d 68.1930
a C . C. ASt. L .-G en ., g. 4s..1993
Cairo division, 4s............... 1939
Bt.Lon.Div.—lBtcoi,ts’t4s,g.l990
Spring. ACol.Dlv.—1st,g. 4s. 1940
WhiteW.VaLDiv.—1st, g. 4s. 1940
Cln.Wab.AM.Div.—Ist,g.4s.l991
Oin. I. St. L. A C.—1st,g.,48.1936
Consol, 6e..............
1920
Oin.San. A d .—Con.lst,g.5s, 1928
Indiana B. A W.—let, pf.7s.1900
Ohio IncLAW.—lstp ref. 5s..1938
O. Col. Cin. A Ind.—1st, 7s,sjt.l899
O-rasol. sink. fund. 7s......... 1914
Oin. A8pr.—ist,C.C.C.AI.7s.1901
Cleve. Lorain A Wh.—1st, os.1933
Cleve A M a h .V .—G old.5s...1938
Del. Lack. A W .—Mort. 7s___1907
Syra. Bing. A N. Y .—let, 78.1906
Morris A Essex—1st, 7s___1914
Bonds, 7s..........................1900
7s o f 1871........................ 1901
1st, con- guar., 7s.......... 1915
Warren—2d, 7 e .................. 1900
D.AH.Can.—Pa.Div.,ooup.7s.l917
Albany A Susq —lst,gu.,7s.l906
1st, oons., guar., 6s......... 1906
Reus. A Bar. 1st, ooup., 78.1921
Deny. Tramway—Cons. 6s, g. 1910
Metropol. Ry.—lst,gu. g.6s,1911
Denv. A R. G.—Imp., g „ 5s... 1928
D etM . A M .—L. g. 3**B,ser.A.1911
D e t A Mack.—l 6t Hen, 4s,g.. 1995
4s, gold............................... 1995
Duluth A Iron Range—1st 58.1937
Erie—1st extended, 7s......... 1897
2d, extended, 5s................. 1919
8d, extended, 4^8............... 1923
4th, extended, 5s.................1920
5th, extended, 4s.................1923
1st, con., g „ rd , 7 s .............1920
B. N. Y. A E.—let, 7s......... 1916
Bull. A 8. W'.—Mortg. 6s___1908
Jeflerson—1st, gu. g. 5e ....1909
Coal A RR.—6s....................1922
Dook A I nipt,, 1st 6e, cuPoy.1913
Evans. A Terre Haute—
1st, cons., 6s.......................1921
le t, general, g., 5 s ..............1942
Mt. Vernon 1st 6 s .............. 1923
Sol, Co Br.
g., 5s.........
____
**•- 1st. «...
............1930
Bid.
Ask.
951*
98
100
"•92
l e i 's
114k>
109
103
101
103
94
120
123
118
118
123
123
102
1077a
1241*
1031*
I l l 's
102
115
107i*
l i b 's
1091*
103
103
105
131
56"
124
126
i l l 's
108
*91
93
90
88
105
■103
115
107
129
116
140
1281*
_____ 85
15
171*
92
60
■ICO 103
104 105
■113b!
1001*
1121*
*98 102
y99hi
103 »s
......
1061*
io o ”
..... . ....
...... ......
* No price Friday; these are the latest qurtatl
SECURITIES.
[V
B O N D S — C C o n t i n u e d )— J U L Y
Bid.
Ask.
Evans. A Indian.—1st, oons..1926
Flint A P. Maruuette—
113
Mort., 6p...... ........................1920
lBt, con, gold, 5s............1 9 3 9
Pt. Huron Div.—1st, 5 s ___1939
Fla. Cen A Pen.—ls t g . 5s....1918
1st oon. g., 5 s ..................... 1943
59
Ft. Worth A R. G.—1st g., 5s..1928 52
Gal. Har. A San Ant.—1st, 0s.1910
9 8"
2d mort., 7s................ . — 1905 95
Ga. Car. A Nor.—1st, gu. 5s,g.l929
Grand Rap. A Ind.—Gen. 5s. .1924
HouBatonic—Cons, gold 5s. ...1937
......
N. Haven ADerby, Cons.5B..1918
Hons. A T . G —Waco A N. 7s..1903 i '25
lBt g., 5s tint, gtd).............. 1937 100
Cons. g. 6s (int. g td )...........1912 100 103
Debent. 6s, prin. A int. gtd.1897
Debent. 4s, prin. A int. gtd.1897 ........ .......
Hlinois Central—1st, g., 4p. .. 1951
1st, gold, 3’-s8..................... 1951
Gold 4s................................1952 ........ .......
2-10 g., 4s........................... 1904
Cairo Bridge—4s.................1950
Springf. Div.—Coup., 6s----1898 +....... 100"
Middle Dlv.—R eg- 5s.........1921
O. St. L. A N . O.—T en .l.,7a .1897
1st, oonsol., 7s.................. 1897
Gold, 58, coupon.............. 1951
Memp, Div., ls tg . 4s...... 1951 . . . . .
Oed. Falls A Minn.—1st, 7s. .1907
Ind. D. A 8pr.—1st 7s, 1906, trust
rects., ex bonds.........................
100
Ind. Dec. A W.—1st, g „ 5s___1935
Ind. His. A Iowa.—1st, g, 4s..1939
1st, ext., g. 5s......................1943
Int. A G. N’n.—3d, 4s, g .......1921 *17 .......
KingsOo.-F.El.,lst,5,g.,gu.A.1929
Lake Erie A W est.-2d g., 5s.1941
i0 2 "
North’n Ohio—1st, gu. g. 58.1945
L. 8. AM.Sou.—B.AE.—N ew 7a.’98 ......
Det. M. A T.—1st, 7s........... 1906
Lake Shore—Div. bonds, 7s. 1899
Kal. All. A G. R-—1st gu. 5S.1938
Mahon’g Coal RR.—1st, os.1934
LeMghV.,N.Y.—1st gu.g.4'ss.l940
lOO"
Lehigh V.Term.—1st gu. 5s,g.l941
Lehigh V’y Coal—Ist5s,gu.g.l933 ........ .......
Lltchf. Car. A West.—1st 6s. g.1916
Little Rock A M.—1st, 5s, g ..l9 3 7
Long Island—
1st, 7 s.................................1898 104
Ferry, 1st, g., 41*8.............. 1922 90
91
Gold 4s...... .........................1932
N. Y. A R ’wayB.—ls t,g . 58.1927
2d mortg., ino......... ........ 1927 35"* ’ 421
N.Y.AMan.Beaoh.—1st, 7s, 1897 100»2 101
N.Y.B.AM.B.—lstcon . 5s,g.1935
Brookl’nAMontauk—lst,6s.l911 117
1st, 5 s..............................1911
No. Shore Br.—1st con.5s,g,1932
Louis. Evans. A St. L .—Con.5s. 1939
24
Louis. ANash.—CecU. Br. 7s..1907 103 4 106*2
E. H. A Nash.—1st 6s, g ___ 1919 112
Pensaeora Division, 6s........1920 100
St. Louis Division, 1st, 6s...1921
.......
2d, 3s............................... 1980
Nashv. A Decatur—1st, 7s.. 1900 *110 110%
S. f.,68.—8. A N. A la ............1910
50-year 5s, g........................1937 ' 9o'*
Pens. A A t .- 1st, 6s, g o ld .. .1921
90
Collat. trust, 5s, g .............. 1931
90
98
L.AN. A M.&M.—Ist,g.,4*ssl945
Nash.Flor.AS.—1st, gu., 58.1937
Kentucky Central—4s, g ... 1987 *84
Lou.&Jefl.Bdge Co.—Gu.g,4s. 1945
Lou.N.Alb.ACh.—Gen.m-g.5s.1940 57^2 65
Memphis A Chari.—6s, gold. .1924 *30
50
Mexican Cent. Consol.—4s, g.1911
1st, oons. income 3s, g ____ 1939
Mex. International—1st, 4a,g.l942 ...... ......
Mexican National—1st, g., 68.1927
2d,inoome, 6s, “ A ” .............1917
2d, Inoome, 6s, “ B ” ........... 1917
Miohigan Central—6s.............1909
Coupon, 5s....... ...................1931
Mortgage 4s........................ 1940
Bat.C.A8trgis.—lst,3s,g.gu,1989
Minn.A St. L.—1st, g. 7s........1927 *135
Iowa Extension, 1st, 7s......1909
......
Southwest Ext.—1st, 7s......1910
Paciilo Ext.—1st, 6 s ...........1921 119*2
Mo.K. A Tex.—1st, ext., 5s, g.1944
Mo.K.AT.of Tex.lst,gu.5s.g.l942 *73"" " i l "
Kansas City A P .,1st,4s,g..1990 65
71
Dal. A Waoo—1st, 5s,gu..,.1940 *
77
Missouri Paoiflo—Trust 5s...1917 K
80
1st coll., 5s, g ................... .
59*2
6t L.A I. M .-Ark.Br.,1st, 78.1895
Mobile A Ohio—1st ert., 6s...1927
116
St. L. A Cairo—4s, guar...... 1931
Morgan’s La. A T.—1st, 6s....1920
...1918 *125*2 .......
Nash. Chat. A St. L.—2d, 6s..1901
N. O. A. No. E.—Pr. 1., g „ 6s.. 1915
N. Y . Central.—Deb. g. 4s___ 1905 ........
N. J. June—Guar. 1st, 4s. ..1986
Beeoh Creek—1st, gold, 4 s..1936 *104
Osw. A Rome—2d, 5s, g„gu,1915
........
Utloa A Bl. Riv.—4s, g., gu.1922
N. Y. A Put.—1st, g.’, la ’, gu.1993
2’
* H.—1st, rev. 4a. 1903
N. Y. A Northern—1st, g. 5s. . 1927 i i i T
N. Y. Susq. A West.—2d, 4'ss.l937 *64
65”
ghb; mart., 5s, g ................. 1940
63
Wllk.A East.-lst,gtd.,g.5s.l942 *82"
87
Northern Pac.—
James River Val.—1st, 6s...1936
30
Spokane A Pal.—1st, 6s...... 1936
80
St.Paul A N. P.—Gen., 6s..1923
HelenaARedM’n—1st,g., 6s. 1937 "SO"
DuluthAManitoba—lst,g.6sl936
Dul.AMan Dak.Div.—Ist6s.l93.’ *86
Oreur d’ Alene—1st. 6s, gold. 1916
o l.
L X III.
24.
SECURITIES.
Northern Pacific—
C. d’ Alene—Gem ls t,g ., 6s..1938
Oent. Washington—lst,g.,68.1938
Norfolk A South’n—1st, 5s,g.l941
Norfolk A W e s t General, 6s ........................ 1931
N ew R iver 1st 6s............... 1932
Imp. A Ext., 6s....................1934
AdiUBtmentM., 7 s ..............1924
Md. A Wash. Div.—Ist,g.5s.l941
Soioto Val. A N. E.—1st,4s,.1990
Ohio A Miss.—
Consol. 7s............................1898
2d oonsol. 7 s....... .............. 1911
Spring.Div.—Ist7 s............. 1905
General 5s........................... 1932
Ohio R iver RR.—1st, 5s.........1936
Gen, g.,5 s........................... 1937
Omaha A St. Louis.—1st, 4s..1937
Oregon A Califor.—1st, 5s, g.1927
Oreg. R y A Nav.—Col.tr. g..5s,1919
Penn-P.C.C.ASt.L.Cn.g.4'ssA1940
Do
do
Series B . .. .. .
P.C.AS.L.-lst,o.,7s.............. 1900
Pitts. Ft. W. A C.—1st, 7s... 1912
2d, 7 s .............................. 1912
3d, 7s................................1912
Ch,8t.L.AP.—1st,con.5s,g...1932
Olev. A P.—Cone., s. fd., 78.1900
Gen.
g., “ A ...........1942
St. L .V .A T .H .—1st,6s., 78.1897
2d, 7s................................ 1898
2d, guar., 7s..................... 1898
Gd.R. A I.E xt.—lsteUss.G.g. 1941
Peoria A Pek. Union—1st, 6s .1921
2d mortg., 4!*s.................... 1921
Pitts. Cleve. A Tol.—1st, 6s... 1922
Pitts. A L. Er.—2dg. 5s, “ A ” . 1928
Pitts. Me. K. A Y .—1st 6s___ 1932
Pitts. Painsv. A F.—1st, 5s... 1916
Pitts. Shen. A L .E .—lst,g.,5s.l940
1st consol. 5s....................... 1943
Pitts. A West.—M. 5s, g.1891-1941
Pitts.Y’gst’nAA.—1st, 5s,oon.l927
Rio Grande So.—1st, g., 5 s...1940
St. Jos. A Gr Is.—2 din c........1925
Kan. C. A Omaha—1st, 5s.. 1927
St. L. A. A T. H .—Term. 5 s..1914
Bellev. A So. 111.—1st, 8s... 1896
Bellev. A Car.—1st, 6s........ 1923
Chi.St.L.APad.—1st,gd.g,5s 1917
St. Louis So.—1st, gd. g. 4s.1931
do
2d Income,5s.1931
Car. A Shawt.—1st g. 4s___ 1932
St. L. A 8. F.—2d 6s, g „ ol. A . 1906
General 5s..............
1931
1st, trust, gold 5s............. 1987
Kan. City A S
1st, 6s, g ... 1916
Ft. 8. A V. B. B g .-1st, 6s... 1910
Kansas Midland—1st, 4s, g.1937
St. Paul City Ry, oou. 5s, g,..1937
Gold 5s, g u a r................. ...1937
St. Paul A Duluth—1st, 5s___ 1931
2d mortgage 5s....................1917
St. Paul Minn A M.—1st, 7s..1909
2d mort., 6s.......................... 1909
Minneap. Union—1st 6s___ 1922
Mont. Cen.—1st, guar., 6a..1937
1st guar. g. 5s...................1937
East. Minn., 1st div. 1st 5s.1908
Wf,u s.rASiouxF.—1st, g,5s,1938
San Fran. A N. P.—1st, g., 5».1919
8av.Fl. A West. —1st, comg.6s.1934
Soutuern—Ala. Cent., 1st 6s.1918
A tl. A Char.—1st, pref., 7s..1897
Income, 6s....................... 1900
Colum. A Green.—1st, 5-6S.1916
E. Tenn. V. A Ga.—Dlvis.5a 1930
Rioh.A Dan.—Eq. s. f. g. 5s. 1909
Deben. 5s, stam ped........1927
Vlr’a Mid.—Serial ser.A, 6s. 1906
Series B, 6s.— ................. 1911
Series C, 6s....................... 1916
Series D, 4-5s...................1921
Series F, 5s...................... 1931
Wash.O.AW.—1st oui-.gu.4s.1924
Ter. A s’n of St. L.—1st, 41*8.1939
1st, con. g. 5s............. 1894-1944
8t.L.Mer.Br.Term.,g.5s,gu..l930
Texas A New Orleans—
1st,7s................................... 1905
Sabine Division, 1st, 6s...... 1912
Consol. 5s, g ................
1943
Tex. A Pac., E. D.—1st, g. 6s,1905
Third Avenue (N.Y).—1st 5a, 1937
T.AO.C.—K an.A M ., Mort. 48.1990
Tol-P.AW .—1st 4s,ino.f’d.eou. July
Ulster A Del.—1st, com,6.,5s. 1928
Union PaoiUo—1st, 6s............ 1896
1st, 6s.................................. 1897
1st, 6s................................. 1899
Collateral Trust, 6s.............1908
Collateral Trust, 5s.............1907
Kansas Paolho—1st 6s, g . .. 1895
1st, 6s, g ............................1896
C. Br. U P - F . 0., 7s......... 1895
Atoh. Col. A Pac.—1st, 6s... 1905
Atoh. J. Co. A W.—1st, 6s... 1905
U. P. Lin. A Col.—1st,g., 5s. 1918
Utah A North.—1st, 7s....... 1908
Gold, 5s............................ 1926
Utah Southern—Gen., 7s ..1909
Extern, 1st, 7s................. 1909
Valley R ’y Co. of O.—Con. 6s.1921
Wabash—Debenture, Ser. A ..1939
Debenture, Series B ........... 1939
Det. A Ohio. Ext. 1st, 5s, g..l94C
st L..K.C.AN,—St.C.Bdge6s.l90b
West N.Y. A Pa.,gen.g. 2-3-4S .1943
Income 5s........................... 1943
West. Va. C. A Pitts.—1st, 6s.191)
Wheel.AL.E.—1st. 5s, go ld ... 1926
Extension A Imp, g., 5s...... 19 J0
Wts. Cent, inoome 5s. .......... 1937
Bid.
105
Ask.
110
69
79
100
106
102
40
110%
111
1321*
1131*
100's 101M
105
1C8
*69
90
*32
65
*5
103
*83
108
90
89
*85
38
38
*11241
*98 102
105 107
119 110's
104
99b!
*112's 117
100
105
92
’ 107
G ig 's 120
80
69
93 10O
100
100
100 103
*98
40
60
30
35
’100
62
62
20
227g
100
38
*11
40's
12
100
>as m i lexhis weak. F o r M is c e lla n e o u s a n d U n lis t e d « o a ls - 3 e a 31 psge preceding.
J
u l y
*23
THE CHRONICLE.
1 8 8 6 .]
Jmrestmeui
B o ads .
149
L a test g ro ss B u r n in g s .
W eekor M o
and
8
llailraad Intelligence.
RAILROAD
EARNINGS.
The following table shows the gross earnings of United
dtates railroads (and also a few Mexican and Canadian roads)
for the latest period reported. The statement includes every
steam road from which regular weekly or monthly returns
can be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
columns the earnings for the calendar year from January 1 to
and ncluding such latest week or month.
The returns o f the street railways are not included in this
table, b u t a r e brought together separately on a subsequent page.
Latest 0 ro u E a rm n gt
Week or Mo
Jan, 1 to Latest Date.
1896.
1895.
1896.
*
8
$
A d iron d ack .......M a y............
13,781
13,796
A la. G t. So a ta .. - 2d w k J u iy
27,834
29.1*28
A ia. M idland-- M a y ..........
45.665
37,531
A la. N. O. Tex A Pac. Jane.
N . OrL A N. E. J u n e ........
99.057
87,37-4
A la. A Vloksb. J u n e ........
33.866
31,MM
V 4 ek s.S h .A P - J u n e ........
40,303
31.750
198.718 216,601
A lle g h e n y V al.- M a y..........
A n n A r b o r ........ 3d w k Ju ly
21.919
20,875
A r « . M id la n d ... M a y ..........
6.197
6.191
A te h .'t, A S . F e M a y.......... 82,86
9.9
10
"
,2 69.91 0 2 ,4 01,0 -0
101,784
s.
A t la n t a A Char. M a y ..........
' *■ '
110,68.3
A tla n ta A W . P , M a y..........
33,655
32,947!
A lla n . A D anv.. 2d w k Ju ly
8,440
14.414
A tla n tic A Pats, 2d wk J u ly
55,124
59,994
A u gu slaSou t'n. Febru ary..
8,197
3,331
A ustin A N ’ w ee! M a y..........
1S.913
20,387
40,100
46,400
Balt.CHies.A A te i J u n e ........
B .A O .E a s tiJ u «- January.
1,385,877 1,229,219
W ertera U n e * J a n u a r y .,.1 443,068 469,216
- T o t a l ..........M a y............ 1,963.0401.899,784
B e L A 0 .8 o u * w . 3,1 w k J u ly
111,356 115.496
B an gorA A roost- M a y..........
30,785
62,534
B ath A H ain ’n d - M a y ..........
1,571
1 ,9 9 0
B lr. A A tla n tic . J u n e ........
1,698
1.449
B rooklyn E le r .. S b b S r n tk r B *ti.w a r l is t .
B rn n a w 'a A W e*!; M a y ..........
52,748
39.851
B afl.B ocb.A Pitil-Jd wk Ju ly
74,232
03,872
B u ffa lo A S u s q . J u n e ........
39,732
86,385
B ar.CX Kap.Ah - jM w k J u ly
69.012
64,805
72,118
66.528
Catuden A A ll, . ; A p r il........
C a n »ila a P a o lfii )2a w k July > 409,000 343.000
U ikr.M idlaQfi.,.. ,|nae . . . . . .
2, 617
1,875
Cent, o ta e o r g u , M ay..........
310,637 342,618
Central o f H .J .. M a y ..........
966,383 1,083,963
Central P a cin o. . i M
" j, y
029,1451,050.608
Char. Cl. A But., j M a y .........
5,6734,665
C harteel'u A 3 » v . |May
50,885
51,32*2
Ohe*. * O h io ...,;2d wk Ju ly, 195,080. _________
178,932
7 4 ,9 7 9
7*24,742
2 5 4 ,4 6 0
1895.
3
81,296
754,261
193,133
629,345
608 ,696
2 1 7 ,9 4 0
231 ,742
254 ,918
233 ,943
953 ,702
962 ,524
621 .452
580,283
35,799
36,334
11,441,4 59 l l , 3 8 4 ; 6 « 3
5 9 4 ,2 7 2 '
603 ,474
2 0 3 ,2 7 3 !
183,525
288 ,078
864,000
2 ,0 21,17 9 1,944, S I
1 3 ,* aO
6.873
98,433
91,209
196.269
2 0 0 ,979
1,385,877 1,2 29,21 9
443,068
469,216
3 ,2 3 6 .7 3 6
288,297
3,958
10,436
3,3 27,09 3
306 ,891
9,o67
8,103
*239,775
203 .248
1,6 90.13 5 1,547,881
*230,506
173,978
2,25-4.088 1,872,538
204 ,855
194 ,089
9,927,431 8,2 43,23 3
22,035
15,764
2.0 05,22
1,837,203
4,7 0 1 ,3 5 6 4 ,7 89.38 2
4,5 69,19 7; 4 ,7 69,71 8
23 ,3 9 3
--------15.683
2 7 3 ,913
245,075
5 ,8 88,36 4! 4,028,566
« M * . O . A S o . W - .’ J u n e .,.„*.•* 165,631; 190,516! 1,103,961; 1,098,600
Chic, B u r 4 8 . i l . M s t ............2 ,4 5 1 .0 I9 j2 ,6 1 1 .8 5 S l*2’, 807j54O 12.172.012
C h l e . A B a » t . I n 12(1 trk J u ly !
69,701
09,036! 2,0 18.47 5
1,376,190
O h le ,0 t .W « r g . .!2 d w k J u l<t ;
69,181
73.710: 3.4 21.50 1
1,814,263
t a i e . M ! l . & s t . P . i 3 i l w k J u ly
8 6 6 .5 9 0
5 0 1 ,6 2 1 (10,349,4 52 14,057,-97
C h l« .* N * 't it w * n . iju n e
2,932,231 2,4 35.58 15,493,18 k 13,061,155
Ohio. A J fo . F ar. May. _____!
64,842
61,4K9i
8 8 3 ,5 7 0
309,250
O h le ,P e t ).A « t .t , >2,1 * July!
17,116
18,330
467,264
4-7.424
Ohlo.R’ k t . A P , . J one ...... 11,220.402; 1,133,321! 7 ,1 53,70 2 6,771,688
Ouic.m.P.M.A-u M ay.
590,971 518.0831 3356,529 2,416,830
28.911
'
*
2d w k July
30,950;
740.788
841,396
O n .( , » . * Porta. J u n e .........
4.870’
28,074
5,835
30,033
O in .J a e k .A .Mat
d wk Ju
13,250
11,2781
365,986
300,233
C in .N .Q .A T . P . ijim e ,1.7'.
279,000 396,699 2 .6 2$,169; 1,660,091
Oln. Po rte. A \ .{J a n e ......
*21,555
130,991
21 ,4 2 4
120,308
C *;-v .C a n . A 8 0 . -.,1 w k J u ly
15.168'
356,715
14,0*341
327,521
0nC“ n .C h .A 8 h l fe d w k J u ly
227,125! 2 5 1 ,6 5 4 ] 6.7 41,89 V 7,100,314
Feu. A S m i'tt M ay,
110.716 180.320!
740,747
7 1 8 ,9 7 s!
C l. L o r ,* Wheel 2d wk Ju ly
7 30 ,603!
20,79:
34.050!
645,077
Ool, M id lan d ... J u n e . . . . . . I 153,56*
ty y .o is j
767,470
9 4 4 .6 4 9
Col. H . V . A l o i J u n e . . ____! 1 9 0 .989
170,972! 1,222,487 1,052,790
Ctoi. sa a d ’y A B 2d w k July
18,551
20.77S '
377,630
4 0 5 ,1 2 0
tkiluea A L a k e , 'J u n e . . . . . .
1,100
5,9 00
7,400
1,100
C rystal............. .. J u n e ........
6,714;
319]
1,055!
3,084
C a im b T d V a lle y M ay-------62,518
31*2.167!
63,844!
294,013
B ony. A Bio O r 3d w k Ju ly 1 38 ,200 145,200 9,8 52,27 1 j 3,627,02.8
l a - M. A Kan. <„* U t w k j niy
2 .0 80
1,773
42,438
57,006
Dee M. K . A w . J u n e _____
32,781 '
150,230
213,147
27,87*2!
D e l. L e a s 'g A N o . 2d wk July
SO, 437'
587,415
562333:
21,719!
B et. A Mats kina. M ay....... .
4 3,853'
219 ,795
142,638
49,334
D tila th s.S ,*A ti-. ls t w k ju ly
47,600:
938,878
39,735 1 ,0 17.483;
S
~ l g l n J~i o i.A K a «l! M a y .. . . . . .
92,057
97,0391
457,723
543,705!
1‘!r -. .
M ay.......... 2,591,690 2,512,225 11,880,550:11,314,935
Eureka Springs,■ M a y..........
5,007!
24,194
22,791
439!
■▼an*.AZnd*pU».> 2d wk Ju ly
110,604
147,767
5,679
5,393
B r a n s . A KIcfi. . 2d wk Ju ly
2,653
57,807!
54,862
2,159
B r a n » ». A T . U . . 2d w k July
31.214
507,140)
533,601
20,920
F it c h b u r g .......... . M a y..........
817.659 604,678 2,893,306 2,760,623
Bttat A P .M a r q . 2d wk Ju ly
43,979
46/246 1,431,784 1,312,676
Via. Cent. A P e s ., 3d wk J niy
31,103!
31,755 1,157,997! 1,105,412
Ft. W ’ tbA Iien.C ., .May..........
70,7631
91,331
305.456
436,889
Pt-W*. A B io Or J u n e ___ _
25.287
163,614
175,581
18.384
G ad*. A At*. V. J u n e ........
1,058,’
605
6,432
3,933
G eorgia E B ...... Ith w k J
36.614
573,255
096,-330
22,967
G eo rgia A A l a . . 2 d wk July!
16,27s!
373.719'
234,373
9,302
B a -C a P l* * H o.-M a y.........V
283,172
53,248:
38.622
310,110
Geo. Bo, A F la .,: J o n e ____ _
125,21*2.
386.509
67.354'
85,894
O r. H ap. A l a d 2d wk Julv
37,918
42,585; 1,040,727 1,058,549
O n . B .* F t . W 2d wk July;
224,416!
6,581
8,038:
2*28,801
Traverse OSty 2d wk July!
977
23,567
25,463
399!
Mus-G. H. A 1 2d wk July
63,3*21
2.100
2.095!
67,833
T o t, all lines 2 t wk July47,576
54,217 1,3 0 -M iu 1,371,096
Grand T r a n k ... 2 >l wk July! 873.038 350,65 i! 0,048,328) 8,822,893
Chic, A O r, Tr, 24 wk j til y ;
50,071 1,714,172 1,422,97*2
.54,692:
G et O r .il.A M 3d w k July;
489,332
10,070:
18,561!
465,59!)!
Cla. 8 a g .A M a c . 2 d w kJu Iy!
2,279
2,124!
Tol.8, A Mask. 24 wk July1,390
1,768
G rea t N orth 's BAP. M. * M. J u n e ........ 1,281,403 1,091,771
6,269,403: 5,230,985
755,500
545,188
B a n to f M in n .. J u n e . . . . . .
145,509 107,180
750,047
M o 'R ta n aO a t. J u n o ........
174,819: 146,560
950,010
T n A s ys te m , Jut?n........ 1,60t,H 2 1 T .3 15,320 7,0 74.97 6 0,526,198
C M -. A W . V H «,
1896.
1895.
j
J a n . 1 to L a t e s t L a i s ,
1896.
*
1895.
1
G o l f A C h ic a g o . J u n e
2,150'
13,536
3,130;
20,382
H o o a .T u n .A W li. J u n e
4,635!
3,685!
23,5771
20,560
H o u s .A T e x .C e n . M a y.
178,795 232,411' 1,125,082 1,375,740
H u m e s t’n A S h e n J u n e
8,900
6,384
60,700
45,402
Illinois C e n tr a l. J u n e
1,527,525 1,508,927 9,675,27 s 9,228,988
In d , D e o . A W e st. 2 d w k ju n e
7,903
6,693
203,216
198,632
In d . H I. A Io w a . May.
65,902
349.101
56,940
330,106
In , A G t. N o rth * i) 3 d w k J u ly
49,158
47,501 1,568,474 1.661.523
i l n t e r o o . (H e x .) W k J u ly 4
47,500
37.520 1,155,716 1,217,902
I o w a C e n tra l___ 2 d w k J u l y
27,524
28/235
965,889
790,532
Ir o n B a llw a y ... Ju ne
3,822
24,325
3,768
25,298
J a ck . T . A K , W M a y.
27,034
26,584
146,516
219,466
K a n a w h a A M io l 2d w k J u ly
8.638
8,202
247.528
228,796
K
^ .C J .F .S o ottA
* ”M . '2 d w k J u l y
71,522
56,601 2,217.384 2,183,762
K .C .M e m .A B ir . 2 d w k J u ly
17,248
576,960
15.841
505,926
K a n .C , N . W ___ J u n e
18,610
17,616
124,025
110,958
K a n ,C S .A B ea t. J u n e
295
369
1,940
2,530
K.
O .P itta2d
. AwGk .J. u l y
14,247
339,944
7,553
261,079
K a n .C . Sub. B e lt 3d w k J u l y
7.319
176,997
8,981
140,025
K e o k u k A W est. 1st w k J u ly
7,862
207,162
6,323
163,558
L . B r ie A l l . A S o . J u n e ....... .
3,739
30,509
5,295
38,197
L . E r ie A W e s t .. 2d w k J u l y
63,868
60,639 1,828,391 1.795.523
L e h ig h A H u d .. J u n e
34,331
198,603
35,339
218.964
L e x ’ g t o n A E a s t. A p ril
19,381
69,070
17.507
59,719
l o n g Is la n d ....... J u n e
400,142 436,630 1,677,205 1,746,031
Los. A u g. Term . Juno
7,546
9,872
45,067
84,356
L o u ls .E v .A S t .L . 2d w k J u l y
26,945
767,531
23,397
704,195
L o u ls v .A N a s h v . *2d w k J u ly
368,630 378,850 10,404,797 9,847,835
L o u is . N . A . A C h , 2d w k J u ly
55,601
62.842 1,626,545 1,567,865
L o o .H e n .A S t .L . J u n e .........
39,901
221,586
32,620!
190,157
M a c o n A B ir u i
May........
3,996
24,291
5,638
30,276
M a n is tiq u e .........J u n e
12,641
13,168
66,105
67,797
M e m p h ia A C h a s c d w k J u ly
17,862
632,471
17,947
556,473
IM e x io a n C e n t .. 2d w k J u lv
195,972 158,417 5.223.604 4,906,843
M e x le a n In te r*l. M a y
264,882 225,483 1/249,847 1,079,589
!M e x . N a t i o n a l .!2 d w k J u ly
88,354
80/259 2.543.605 2,305,773
M e x . N o r t h e r n ..! M a r.
60,949
61,970
347,679
269.096
IM e x l e a n B ’ w a y W k J u ly * 4
64,000
56,500 1,584,210 1,779,716
M e x ic a n S o ....... h 3t w k J u ly
14,435:
10.610
264,708
251,856
M in n e a p .A S tJ U !2 d w k J u ly
39.820
975.020
39,182
907,673
M .S t.P ,& S .S t.M .i2 d w k July*
66.914
47,848 1,806,025 1,199,386
M o . K a n A T e t X d w k J u lV
173,176; 1-46,049 5,536,369 5,532,267
M o .P a o .A Ir o n M ;C il w k July*
339,000; 343.000 10.950.000 11,010,333
C e n tr a l B r’ ch. 2d W kJuly!
10 , 000 ;
360.000
7,000
280,239
T o ta l......... 2d w k J u ly
369,000 350.000 11.310.000 11,290,572
.Mobile A Btrro, 2d wk Julyl
141,291
4.843!
4,105
139,815
M obile A O hio.. June
263,529
255,050. 1,731,239 1.598,488
M ont.AM ex.G tf. J u n o ........
97,353
572.102
98.680
631,210
N
” ash,C
“ **'* h.A
- S
“ *t.L.:
* >J u n e . . . . 385,127
342,570 2,438,895 2,236,133
N evad aO eu tral M arch. . . .
2,059
5,697
1.969
5,408
N ev - C yN arG ^e April
8,075
29,366
7,985
27,910
N . Jersey A
M arch___
73,497
71,303
5 * ? * £* ? ’ M L June 7 7 7 :3 , 652,472 3,486,373 21,053,'& t l 20,330,486
N .Y .O n t. A W..|2d w k iu ly ;
82,566!
74,7-13 1,883,938 1,818,409
h , Y . buna. A W . . ;M a y .
190,893! 171,128
849,930
895,285
N o rfo lk A West.!*2d wk July 220,491’ 175 ,104 6,007,354 4,688,895
N o rth ern (U a,i. A p r i l .. .. '.
3,-147'
3,9 80
21,870
18,391
N o r th 's Central M a y ..........; 4 9 8 ,3 0 3
514,341': 2,461,066 2,512,468
N orth 'n Pacino ,/d w k July
394,199 347,879! 8,610,296 7,728,833
Oconee A West, M ay. . . .
~
1.737!
14.162
2.871
9,096
Ohio H i r e r . . . . . ,/a w k J u ly
18,072!
512,099
17,150
388.483
Ohio K lr .A Char A p r i l .........!
1 1’,899
15,120
66,977
59,527
Ohio Southern, j l w k J iS y
L L926
307,14-1
13/2,52
363.283
O regon
Im p.C
o. ...................
JMay..........
282,570
|
__ _
291,898 1,313,425 1,296,119
_
, ...
2 8 0 ,8 9 8
462 ,315 1,598,115 1,920,509
P e e ifle M a i l , . . . M a y ...........
P e n n s y lv a n ia .;- M,-n ........... *5,1 7 3 ,6 0 7 !5 ,1 33 .567 25,190.,
1 o 24,570,476
........
P e o ria D e o .& E v 2,1 w k J u lv
14.474
14,216
440,324)
458.097
P e te r s b u rg ....... . M a y ...........
58,533
43,934
253,345
212,204
P h ils . A E r i e . . M a y ...........
3 91 ,563
3 7 0 ,387 1,548,675 1,473,801
P h lla . A K e a d g M a y ........... 1,587,570 1,7*29,129 7,812,439: 8,077,841
C o a l A i r . C o . . . M a y ........... *t,9 5 2 .9 0 1 ;l,772,976
8,318,404 8,963,106
T o t a l both C . « M a y ........... !3,5 4 0 ,4 7 1 3 ,502 ,105 16,130,843] 17!040!947
P h -B e a d . A N . E, M a y , . . . . . .
5 5 ,3 8 1
64,798
206,016:
283,307
P1U S.C.C.A S t . L J u n e ......... 1,219,479' 1,228,053 7,278,015! 6,972,072
on
van:
on
- 1:7
P lt M .M a r .A 0 U . J u n e .......
.........
..........
20,750'
3.743
20,767
3,494
P lt t .8 b e n .A L .E .*,! w k J u ly :
328,036
12,506;
14,439
293,751
P ltts b . A W e s t . 2d w k J u ly
891,045
38,1521
80,610
850,521
P it t s , C l. A T o l 2d w k J u l y
18,353
422,990
16,271'
439,275
P it t s , P a . ,v l . 2d w k J u ly
14,912
201.461
8,606
163,415
T o t a l sy stem .. i2d w k J u ly
63,569: 1,538,808 1,505.898
69.335,
P it t,Y o ttH K .A A .Ml!;. .......*.
700,977
169.807! 181,354
697,709
G u l n o y O . i K . i , . ( u n e .........
20,167!
146,638
23.523
117,575
812,414
75,923:
K lo h .P r 'k s b .A P M at-...........
297,563
75,680
B lo b . A P e te rs b . .'M ay........... j
148,501
29.426,
34,021;
132.960
B io O r, S ou th n )2d w k J u ly ;
7,680;
235,260
197,046
8,< 07!
K lo G r. W eat’ ii. 3d w k J u ly !
44,800
44,5001 1,226,091 1,166,821
S a g .T u e c o ia A H Ma.
'*
40,625
9,316
45,182
8,513
S ag. V a l. A 8 t. L . M arch
.
21,585'
7.103;
8,591
19,427
3t. L , A . A T , H U h w k M a r
332,108!
33,050
322,991
34,920
13,156
8 t .L .K e u ’e tA B o . M a i c l i.......
2,479
8,413
4,879
8 t,L .A S a n Fran. M ay
454,342 473,879 2,304,106 2,311,679
H*. U S o iu n w ’r n . 2d w k J u ly
66,900 2.310,390 2,466,252
71,500
st, P a m & D u r a June
025,690
125,200 121,908
608,206
Ban A n t. a A . P M a y .. . . . . .
678,455
127,03*2 124,183
748,226
342,225
s F r a n .A N .P a e . J u n e ______
363,952
81,778
70,851
8 i v . r . a . a W est, M a y ..........
288,133 270.813 1,441,976 1,385,987
s te r.H n r e v .A 80 J u n e ........
132,494
20,511
13.524
157,410
» i l . Spa. O . A G M a y ...........
96,215
17,731
24,504
79,319
B U ve rto n ............ J u n e .........
7,702
7,000
9,376
1,697
7,190
8 0 .H a v e n A E a st J u n e .........
2,657
8 0 . P a o itio Co. G a l.H a r .A S .a
L o u ls ’ a W e s t ..
M o r g a n 's L A T .
N .Y .T .A M o x .
T ex . A N . O r i.,
A t la n t ic eys.h.
P a c ltlo s y stem
T o t a l o f a ll.e
S o. P a o . o f Cal
S o .P a c .o f A r lx
8 o .P a c .o f N .M
N o r t h e r n B y ..
S o u th e rn B y . . .
S pok . F ’ la A X o r .
S ta te n [si. R . r
S to n y C L A O M t .,
B u tu m ltB ra n ch .
L y k . Y a l. Coal
f o t 'l b o th G o’s
T e x a s C e n t r a l..
T e x a s A P a c in o .
T e z ,B . V e lA N . W
T o l.A O h lo C e n t
T o L ”P . A W est..
M a y ...........
378.771 365,020 2,045,534 1,869,183
378,876
469.541
82,090
M a y ...........
00,905
301,700 1,987,714 2,445.220
M a y . ______
335,851
81,030
M a y ...........
13.928
96,511
16,945
540,745
683,023
M a y ...........
97,408 133,200
M a y ...........
895.158 988,880 5,088,815 5,680,564
M a y ........... 2,420,207 2,512,469 12.268,032 12.116,815
M a y . ......... 3,541,773 3,855,928 18,649,164 19 308,412
789,52*2 857,111 1,076,518 3,970,570
M a y ...........
971,650
181,343 1,007,433
180,021
M a y ...........
501,670
94,810
96.743
450 847
M a y ...........
M ay. . . . . .
161.861
322,199
41,752
May......... 1 97,230
2,411
M a y ............ j
2d w k J u ly
J u n e ..........:
M a y ............. i 79/282
M a y ............. ! 66,881
M a y ............. 1 140,163
18,262
M a rc h
83,797
-2d w k J u ly
2,564
M a y ...........
36,650
3 d w k J u ly
17,321
___________
2d w k .J u ly
f o i s t . 1.A K A * an WkJuly
45.787
787,415
135,359
318,726 9,375,338
187,800
20,141
380,270
88,852
7,303
2,462
404,814
103,554
370.627
37,040
775,441
141,194
60,851
19,648
83.597 3,011,281
12,620
3,009
990 600
39,754
515.726
19,907
32.928 1,011,065
693,101
9,003.992
113,447
370,5007,551
501,180
292,417
793,627
62,838
3,260.064
17.508
872,291
498,115
877.054
THE CHRONICLE.
150
Latest Gross Earnings
ROAI>8
Wetkor Mo
1896.
1895.
*
*
31,982
30.446
Ulster A D el— A p ril......
Union Pacific*—
Un. Pac. RR. May........ 1,109,914 1,156,180
456,101 435 463
Or.B.L.&U.N May........
46,042
44,228
8t-Jos.AGd.Is. May........
4,464
5,6 7
Kan.C.AOm May........
9,995
12,756
TotS tJ.& O .I- 4tb wkJ’ ne
7,0o0
10,000
2d wk July
Osnt.Br
Aoh.Col.AP.) May.........
19,586
23,398
ws
Aoh.J.C.A W
42,737
52,961
Oen.Br.AL’d L May.
1,763,h8 « 1,765.140
G^d total.*ciMay......
295,210
275,984
U .P a o .D .A G .. May.......
236,533 240,335
Wabash............ 3d wk July
13,733
13,850
Waoo A Northw. May.
124,394 117,167
West Jersey......April
88,658
97,655
W.V.Oen.A Pitts May.
30,483
34,^06
West Va. A Pitts. April
38,692
38,177
Western o f Ala . May.........
92,351
98,737
West. Maryland. December.
69,000
57,900
WsBt N. Y. A Pa. 12d wk Jilly
26,594
27,132
Wheel. A L. Erie 3d wk July
99,53.»
98,01'
Wisconsin Cent. j2d wk July
5,174
5,045
Wrlghtsv.&Ten .June.......
Jan. 1 to Latest Date.
1896.
$
103,392
1895.
98.860
rv o L .
u
r n
For the first week of July our final statement covers
81 roads, and shows 9*79 per cent gain in the aggregate.
1st week o f July.
1896
1895.
Increase
Deer* use.
$
s
5,032,975 5,225,961 Prev’ly reported (67 r’ ds) 6,167,134
49,064
5.621,467
2,060,327 1,817,2 '1 Oln. Jackson A Mackinaw j
13,752
11,084
232.150
241.555
5,7i2
26,497
32,20
J
Clev.
Lorain
A
Wheeling
27,677
38.824
307
1,773
2,080
304,010 Des Moines A Kan. City.I
305,168
Grand
Truuk
o
f
Canada,
i
280,239
360,000
12,424
50,889
63,313
Chicago A G r’d Trunk.
108,595
2 2,114
1,736
20.378
120,425
Det. Gr. Hav. A M ilw ..
391
2,44b
2,>$40
Cin. Sag. A M a o k ___
224,584
281,880
85
1,526
1,611
Tol.
Sag.
A
Musk.........
8,175.026 8,007,417
6,323
1,539
7,862
1,197,439 1,174,285 Keokuk A Western.........
_
_
__
17,122
17,222
200
Memphis
A
Charleston..
6,380,810
6,533,691
56,501)
7,500
64,000
89,328 Mexican R ailw a y...... .
91,29
10,610
3.825
14.435
390,561 Mexican Southern.........
413.804
36,687
34,940
1,747
403,327 Minneapolis A St. Louis.
472,374;
13.6 Ll
10,295
3,316
104.741 Ohio Southern.......... .....
119,862
40,24c
32,416
7,824
2L7.5301 195,117 Tol. St. L. A Kan. City.
1,298,187 1,248,453
636.081
56,988
Total (81 roads)........... 6,491,386 5,912,293
1,462,083 1,628,062
674.502 Net increase <9*79 D. o.l.
.... . 579,093
752,489
2,210,076 2,130,070
38,263
____44,769
N e t E a rn in g s M o n t h ly t o L a t e s t D a tes .— T h e ta b le f o l l o w
■ Figures given do not include Oregon Ry. & Nav., Un. Pao. Denver A
in g show s th e n et e a rn in gs o f S t e a m ra ilro ad s re p o rted th is
Gulf Denver Leadvllle A Gunnison, Montana Union and Leavenworth w e e k . A f a ll d eta ile d statem en t, in c lu d in g all road s fro m
Topeka A Southwestern, a These figures include results on eased lines.
b Inoludes earnings from ferries, etc., not given separately. I M exl- w h ic h m o n th ly retu rn s can be obtain ed is g iv e n on ce a m on th
o«u onrrenev. c Inolodes only half of lines in wbioh Unicn Paoific has in these colu m n s, and the latest sta tem en t o f th is k in d w ill
a half interest.
a
v
. . .,
be fou n d in th e C h r o n i c l e o f J u ly 18, 1896. T h e n e x t w ill
d Inoludes operations o f the Chic. Burlington A N irthern in b oth
ap p ea r in the issue o f A u g u s t 22, 1896,
years.
^ Covers results for lines directlv operated east of Pittsburg,
Gross Earnings.——, /---- fret Earnings.-——
e Inoludes results on affiliated Lines.
1895.
1896.
1896.
1895.
s
Roads.
$
S
$
3,497
45,665
37,531
def.319
Latest Dross Earnings by Weeks.—The latest weekly earn Alabama M idland....M ay
193,183
31,861 def.14.499
254,460
Jan. 1 to May 31___
inefi in the foregoing are separately summed up as follows :
490,855
19,261
574,507
86,138
July 1 to May 3 1 ....
For the second week of July our preliminary statement Brunswick A West ..M ay
18,265
5,197
39,651
52,748
oovere76 roads, and shows5*43 per cent gain in the aggregate
239,775
68,683
31,147
203,248
Jan. 1 to May 31 —
over the same week last year.
18.117
39,732
36,385
17,505
Buffalo A Susqueh’a.June
65,166
230,506
90,933
173,978
Jan. 1 to June 30___
487,844
353,832
217,746
140,355
July 1 to June 3 0 ....
Increase. Decrease.
1895.
1896.
2d i ceek o f July.
51,822
13,940
50,885
11,806
Char. A Savannah....May
273,913
77,654
59,276
245,075
Jan. 1 to May 31___
$
98,849
99,636
493,483
499,235
July
1
to
May
31---1,294
27,834
Alabama Gt. Southern...
29,128j
1,105 Colorado Midland— May
22,521!
21,416
Ann Arbor.....................
179,320
149,463
61,526
64,500
5,974
14,414
8,440
Atlantic A D an ville......
791,282
64»,463
220,025
234,017
Jan. 1 to May 31___
4.87b
59,994
55,124
Atlantic A Pacific..........
13,037
125,837
63,283
188,163
CoI.Hock.Val. A T ol. b May
4,139
111,584
107,445
Balt. A Ohio Southwest.
875,824
407,017
1,025,598
280,849
Jan.
1
to
May
3
1
....
8,360
65,872
74,232
Bnlfalo Rooh. A Pittsb’g.
73,274
67,413
159,068
147,637
Edison
El.
II.Co.,N.Y.
June
4,2o7
64,805
69,012
Burl. Ced. Rap. A North.
491,002
544,533
Jan. 1 to June 30.^.. 1,105,905 1,015,949
66,000
343.000
409.000
Canadian Pacific............
16,148
178,932
Chesapeake A Ohio........
195,080
5,007
5,439
1,521
1,352
Eureka Springs....... May
665
69,036
Chicago A East. Illinois
69,701
24,494
24,794
11,846
10,687
Jan. 1 to May 31---4,529
73,710
Chicago Great Western.
69,181
37,132
14,367
123
65,358
Georgia
A
A
la
b
’a.a..M
ay
52,961
503,097
Chicago Milw. A St. Paul.
556,058
270,794
4,965
179, S74
77,582
Jan. 1 to May 31---’ 1,220
18,336
Chlo. Peoria A St. Louis.
17,116
60,424
155,378
553,689
441,313
July 1 to M ay 31___
30,950
2,039
Ohloago A West Michigan
28.911
4,856
6,639
1,972
Grand Ran.Gas L.Co.June
in. Jack. A Mack.........
11,278
13,250
50,932
49,980
1,074
Jan. 1 to June 30___
14,094
Cleve. Canton A South’n
15.168
251,654
24,529 Hoosao Tun. A Wilm.. May
Olev. Cin. Chio. A St. L ..
227,125
5,341
4,545
702
876
7,864
34,656
Clev. Lorain A Wheel*#.,
26,792
55,744
169,867
181,354
71,077
2,427 Pitts. Youngs. A A..June
20,77s
col. Sandusky A Hook’g.
18,551
700,977
226,579
256,159
697,799
Jau. 1 to June 30 ...
13,900
144.100
Denver A Rio Grande.. ..
130,200
77,729
270,813
70,578
1,282 8av. Fla. A W est.b..M ay
288,133
Detroit Lans’g A North’n
21,719
20,437
346.921
403,685
286
5,393
Jan. 1 to May 31---- 1,441,976 1,385,987
Evansv. A Indianapolis..
5,679
939,216
494
791,980
Evansville A Richmond..
July 1 to May 31 ... 3,111,036 3,242,6-2
2,159
2,653
294
Evansv. A Terre Haute..
20,920
21,214
24,504
17,731
15,314
8,357
Silver gp. Ocala A G .M ay
46,246
2.267
Flint A Pere M om ent©
43.979
57,075
21,269
Jan. 1 to M ay 31___
96,215
79,319
Fla. Cent. A Peninsular..
592
31,755
31,163
26,141
15,173
41,752
27,485
Spokane
Falls
A
No..Jane
6,976
9,302
Georgia A Alabama......
16,278
113,447
109,311
56,180
187,800
Jan. 1 to June 30___
Grand Rapids A Indiana
*4,667
42.585
37,918
Cin. Ricli. A Ft. Wayne
30,900
97,230
88,852
38,659
8,638
2,057 8taten I. Rap. T r.b -.M a y
6,581
370,500
109,112
95,226
Traverse C ity .............
899
380,270
Jan 1 to May 31___
78
977
Mas. Gr. Rapids A Ind.
372,957
2,095
383,763
July 1 to May 31___ 1,053,348
979,569
2,100
Brand Trunk of Canada.
16,385
356,653
373 038
13,850
13,733
3.529
3,758
Waco A Northw’n — May
Chic. A Gr. Trunk.......
4,621
50.071
54,692
38,544
91,290
89,328
35,640
Jan. 1 to May 31___
Det. Gr. Haven A Mil..
18,564
16.979
1,585
5,174
1,611
def.265
Wriglitsv.
A
Tenn.
.June
5,045
Cin.Sag. A Mackinac...
2,124
2,279
155
44,769
38,263
18,016
6,831
Jan. 1 to June 30___
Tol. Sag. A Muskegon.
1,758
1,390
“ *368
22,860
92,234
35,043
July 1 to June 30___
80.648
Intern’l A Gt. North’n ...
41,303
*5,475
46,778
Iowa Central..................
28,235
27,524
“ T l”
a N et earniDgs here given are after deducting taxes,
Kanawha A M ichigan....
8,202
436
8,638
b N et earnings here given are before deducting taxes.
Kan. City Ft. S. A Mem.
56,601
71,522
14.921
Kan. City Mem. A Birm..
15.841
1,407
17,248
Kan. City Pittsb. A G ulf.
7,553
Interest Charges and Surplus.—The following roads, in
14,247
6,694
Kau. City Sub. B e lt.......
8,953
8,100
853 addition to their gross and net earning3 given in the foregoing,
Lake Erie A Western......
60,639
3,229
63,868
also
report charges for interest, &c., with the surplus or deficit
Louisv. Evansv. & 8t. L
23,397
26,945
3,548
Louisville A Nashville...
378,850
368,630
10,220 above or below those charges.
Louisville N. A. A Ohio..
62.842
55,601
7,241
--In te r'l, rentals, die.—. , -Bat. o f Net Earns.-*
Memphis A Charleston..
17,947
17,862
85
1896.
1895.
189ti.
1895.
Mexican Central............
158,417
195,972
37,555
Roads.
$
$
Mexican National..........
80.259
88.354
8,095
Buflalo
&
Susqueli’a.
June
13,349
8,804
4,156
9,313
Minneapolis A St. Louis.
39,182
39,820
'
638
70,485
34,705
July 1 to June 30...
147,261
105,650
Minn. St. P. A S . S. M ....
66,914
47,848
19,066
MLo. Kansas A Texas......
146,049
173,176
27,127
mo . Paeitio A Iron M t___
343.000
359.000
16,000
STREET RAILW AYS AND TRACTION COMPANIES.
Central Branch...........
7,000
10,000
3,000
Mobile A Birmingham...
4,843
4,105
738
The following table shows the g ro s s earnings for the latest
New York Ont. A West’n
74,743
82,566
7,823
Norfolk A Western.........
period of all s t r e e t railways from w h ic h we are able to obtain
175,104
220,491
45,387
Northern Pacific............
347,879
394,199
46,320
weekly or monthly returns. Tne arrangement of the table is
Ohio R iver...... ...............
18.072
17,450
622 the same as that for the steam roads—that is, the first two
Ohio Southern. ............
13,252
14,926
1,674
columns
of figures give the gross earnings for the latest
Peoria Deo. A Evansv...
14,474 j
14,216
258
Pittsb. Shen. A L. Erie..
14,139
12,506
1,933
week or month, and the last two columns the earnings for
Pittsburg A Western......
6i*,335|
63,569
5,766
the calendar year from January 1 to and including such latest
Rio Grande Southern___
8.007
7,680
327
Rio Grande Western......
40.400
46,500
6,100 week or month.
St. Louis Southwestern..
71,500
66,900
4,600
STREET R A IL W A Y S A S i) T R A C T IO N CO M PANIES.
Southern R a ilw a y .......
322,1991
318,726
3,473
Texas A Pacific -.........
83,797j
83,597
200
Latest Gross Earnings.
fa n. 1 to Latest Date
Toledo A Ohio Central...
46,244
39,085
7,159
G ro ss
Toledo Peoria A West’n ..
17,321
19,997
E a r n in g s .
2,676
Week
or
Mo
1896.
I
1895.
1896.
1895.
Tol. St. L. A Kan. City..
32.926
45.787
12,861
Wabash......... ................
230.529
243,215
12,686
Western N. Y. A Penn...
57,900
69,000
11,100 Akron Beflf’d &Clev. June
41,063
9,258
Wheeling A Lake E rie...
29,850
30,106
256 Akron St.Ry.& 111. Co. May.
18,592.; 14,380
83,990
69,518
Wisconsin C en tra l.......
98,015
99,530
1,515 Allent’ n & L e i. T r’t’n May.
21,234 19.119
80,744
72,223
April
Amsterdam
St.
R
y
...
3,679
3,675
14,477
12,926
Total ',76 roads).......... 6,321,464 5,995,646
466,391
140,573 Atlanta Con. St. R y .. June
32,493 33i764 177.345 150,998
Net Increase <543 p. o.).*
325.818
Baltimore Traction... June
121,398l114,571 593,891 531,904
9
594.731
2,668
Ju l y
THE CHRONICLE.
2>. 1-sae.J
G ro ss
E a USINGS.
I
Latest (ir o n Earnings.
Week or Mo
*
B a th S t. R y . (N. Y . K . J u n e ..........
B a y C itie s C o n s o l__ J u n e ............
B in g h a m to n S t. R y .. M ay........
B r id g e p o rt T r a c tio n J u n e ........
B ro c k to n C on S t. R y. J u n e ..........i
B r o o k ly n E le v a t e d .. tth w k J 'n e
B r ’k ly n R a p .T r. Oo.—
\Jan.\to Latest Date.
1898. i l99a$
2,203
9,778
'
1 ,9 9 1
8,696
12,7*61 10.860
28,0U2
25,641
46,313
* 6 ,3 1 3
29,720:
29 ,8 36
36,80 1
1896.
$
9,241
41,455
52,t, 16
149,560
142,065
9 0 2,3 U
,
Brooklyn Heights.. J u n e ........101,827
2.152.716
B t - k ly h q n 'n * A S u t . J u n e ...... 61.8631 ®*>g78 337.865
T o ta l fo r s v - t - m . J u n e ..........
B u fla lo R y ..................... .M ^ rcli.........
C e n tr a l T r a c .i P itts b .i A p r il..........
C h e s te r T r a c t io n .. .. J u n e ..........
C h ic . & So. S id e R .T . J u n e ..........
C in . N e w p o rt 3c C o v .. A p r i l..........
C it ’d P a s. R y . i ln d ’s.) A p r i l..........
C it y E le c . (R o tiie.G a.) J u n e ..........
C le v e la n d C ity R y ... M a y ............
C le v e la n d E l e c t r i c . .. J u n e ..........
O o lu iab u s Bt. R y. (O.J J u n e ..........
C o n e y I s la n d A B ’ly n J u n e ..........
C o n so l. T ra c tio u N .J M a y ............
D a n v .G * e E .L .A 8 t.R y . J u n e
D e n v e r C on . Tramw M a y ..
t R y ..................... J u n e .
D u lu th S t. R y ...............J u n e .
E r ie E le c. M o to r C o .. J une .
F lu a h in g & C o lle g e P L June
F o r t W a y n e C o n so l... M a y.
G a lv e s to n C ity R y . .. F e b r u a r y ..
H e rk im e r M ohaw k fl
M a y ...........
H o u sto n C lt v Bt. R y.
I n te r s t a te C o n so l, o!
J u n e .........
N o rth A ttle b o ro
A p r i l..........
16 9 ,3 9 0 * « 2-9 3 3 i2 , i 9 0 ,5 8 .
14,80 5
19 ,58 3
59 .9 4 1
50 ,950
7 5 .9 8 5
1.906
104,8 “
140,57^56:.J4j
34.78^
254.753
7,736
62.713
37,294
23.532
13.691
2,231
14.859
13,05-
13,523
20,800
54,908
45.959
72,75*9 1,5 4 8
135,062
55^6
44,745
215,355
-^.57y
59,302
?2.503
2,248
JO.Sl*
12,419
M a rc h .......
O gd e n e tm rg Bt. R y .
[ J u n e .........
P itta .
8 y ra . li** Bt. R K
[ J u n e .........
T e r r e H a u te Kl’ c K y M a y ...........
■ March.......
175,626
273,906
101,169
o2,85o
10 .39 1
52*906
5 6 ,3 5 3
...........
5.2 9 2
- 9
26 ,5 32
18 6 ,18 3
538,609
9 3 0 ,17 1
50 2,8 9 2
2 6 ,5 1 0
6 0 2 ,75 1
21*40*4
29,632
180.308
500,246
873,230
412.30 8
23.0 *2
5 13 ,6 5 4
10 4 ,3 8 2
14 ,2 7 5
9 6 ,9 14
1 2 ,1 7 4
28.398
74346
15.3 64
5 6 8 ,1 6 3
232.26u
20,8 19
6 3.22 0
13,5 0 6
5 1 9 ,4 2 1
2 79 .0 *6
19 ,3 0 7
8,047
1 5 5 ,7 4 0
1 3 3 ,5 9 3
5 ,4 3 5
39 .4 4 6
I5,66r>
2 1 0 ,7 7 5
12 ,5 7 2
18 7 ,10 0
.......
4,920
6,256
2.3 66
2 7 ,9 5 1
3 1 ,0 6 5
1 ,3 7 7
*,4 0 6
4,060
70 ,9 7 5
5,4 41
7.081
5,384
2 9 ,2 7 5
38,90.5
8.482
33,39 4
991
1 0 ,3 6 3.4 »7
26 .5 8 6
1 3 ,7 7 7
3 ,17 4
65.038
3,470
8,2*24
4 ,9 1 5
2 6 ,8 6 7
•22.388
6 ,2 7 3
3 3 .4 12
888
1 3 .4 2 1
3,303
2 4 ,79 5
12,848
4 \ 6 *3
26,0 39
1 6 1 ,7 7 8
136 ,0 42
3 * ,8 5 l
1 5 3 .4 7 9
2 ,1 2 o
6 4 ,1 3 1
18 ,3 7 1
1 4 7 ,8 7 5
60,950
58 4 ,5 4 1
78 9 .0 9 5
9 6 ,34 3
6 7 7 .4 4 7
8 7 ,7 5 2
82,091
2 4 ,8 54
1 1 7 ,4 9 1
8 1,7 6 3
236 .50 5
19 1 ,5 2 8
Roads.
Waterbury Tract. Co.June
Jan. 1 to J ul 6 3 0 ....
41,775
27,010
..............
* 7 ,3 3 9 8 7,924
M a y ........... 17 0 ,10 * 164,006
• J u n e ......... 13 ,7 9 0 1 7 ,6 6 7
.'la y ........... 1 5 2 ,8 7 7 136,968
J un e . . . . . . 18 ,0 5 4 18.358
J u n e .........
6 ,3 9 7
June ......
5.648
W a te rb u r y T ra c tio n . J u n e ......... 20 ,14 8 2 1 ,2 7 8
J u n e .......... 14 ,8 2 3 14.238
i J u n e .......... 4 3 ,10 1 3 8 .372
(M ay. . ........ 4 5,72 8 3 7 .5 4 9
U n io n (X . B ed fo rd ).
*48,7*95
284,83.
212,106
108.08
71,46
9,693
57.561
26,31-
----Gross Earnings.1x96.
1895.
$
$
39,323
45,720
186.363
180.303
161,479
156,283
853.4*9
799,122
126,673
115,700
502,892
442,308
8,406
3^,446
6,482
6,273
38,851
37,561
87,339
87,924
20.148
*21,278
117,491
110,431
Set Eurm ngs,1896.
1895.
*
17,8 MS
19,331
67,536
58,084
72,201
65,022
317,371
294,412
47,001
38,770
185,777
140,713
3,504
14,5*-5
1,039
773
6,342
3,129
46,717
47,422
10.404
53,535
Interest Chirges and S nr pin s. —The following Street
railways, in addition to their gross and net earnings given in
388,700 the foregoing, also report charges for interest, &c., with the
6 9 1 ,1 9 9 surplus or deficit above or below those charges.
297.646
1 8 ,1 4 6
4.0 10
F ro n t e n a c
J u n e .........
M a y ...........
M a r c h .......
S a v a n n a h E le c t r ic , i F e b r u a r y . .
J u n e .........
f lc h u y ik ill T ra c tio n .
B c n u y lld ll V a l. T ra c . i J u n e ........
S c ra n to n T r a c tio n . J u n e ..........
A p r i l..........
{ J u n e .........
J u n e .........
F e b r u a r y ..
j j u n e .........
*9,8-3
441.232
795,511
316,074
158,643
Roads.
Lowell Lawr’ce & ELJune
*
Jan. 1 to June 30___
8,991
40,241 Metrop’n St. Ry.,K.C. June
Jan. 1 to June 30 ...
43.22 <
131,373 Milw. El.Ry. «fc L. Co. Apr.
118,593
Jan. 1 to Apr. 30 ___
1 ,1 1 1 ,6 9 0
P’ k’ps.City&W. Falls June
Jan. 1 to June 30
1,721,012
261,750 Bioax City Traction. June
Jan. 1 to June 30___
1,9 3 6 ,7 9 2
97.363 Toronto Btreet Rv...June
51.971 Waterbury Tract’n...June
84,160
Jan. 1 to June 30 —
377,790
165.994
1 ,5 2 6
3.80 6
835
1 8 .1 3 3 •2 8 ,1 3 3
1 ,4 6 7 .............
A p r i l..........
8 ,- 6 5
5.00 5
L o n d o n 8 t R y . (C a n .). J u n e ..........
6
,1 4 7
7 ,16 4
M
a
y
............
L o ra in Bt. R y . . .
J lin e ........ 3 9 ,3 2 ' 4 5 ,72 0
1 s t w k J n ly 3 6 ,6 2 5 4 ’,4 7 m
12.1 w k J u ly 3 6 .1 4 8 3 5 .6 1 6
A p r i l ......... 1 2 6 .6 1 3 1 15 ,7 0 0
4 ,9 1 0
5 ,2 1 6
J u u * .........
M o n tg o m e ry Bt. Ry
J u n e ......... 1 16 .4 2 9 1 1 1 ,1 4 9
March ....... 24.804 23.8 37
N a s h v ille Bt. R y —
5,8 0 5
M a y ...........
8,544
N e w b u rg h E le c t r ic .
N e w E n g la n d B t.—
24
,249
W in c h e s te r A v e . J u n e ......... 2 5 ,16 0
2,626
3 .329
J u n e .........
6
,9 *3
9 ,3 3 7
3d w k J u ly
4 ,499
4,920
J u n e .........
N e w I f a v o n A C e n t re
1
5
,9
42
M a y ........... 2 0 .0 H
W»*w H a v e n S t. K,
■ 4.736 .3 .66 4
N ew L o n d o n Bt.
May ...........
L
iJ
.4
36
M a y ........... 125,698
N o rth a m p to n Bt. R y.
335 154
59.147
93,622
370,158
185,825
1895.
i 51
—/n/erV, rentals. <#<*
*-Ba.i. of Net Earns —.
1896.
1895.
1896.
1895.
$
$
$
$
3,648
...........
6,756
...........
19,923
...........
33.607
...........
AN N U A L
REPORTS.
Annual Report*.— The followiue: is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last editions
of the I nvestors’ and Street R a il w a y S upplements .
This index does not include reports in to-day’s C hro nicle .
12 ,9 9 7
........
4 0 .7* 5
20,046
130 ,76 8
74 ,3 3 0
3 7 ,3 6 1
1 1 - .0 5 3
1 .3 2 7
8 4,297
10 1 ,5 0 4
4 7,9 6 0
58 0 ,52 1
754,08 0
8 0 ,8 *1
59 3 .8 9 5
7 9 ,1 0 1
7 5 ,1 2 8
2 2 .2 16
1 1 0 ,4 3 1
67,979
18 9 .7 9 8
1 5 7 ,2 8 6
•E a rn in / * in M a y, 1 9 9 5 , w e r e in c re a s e d b y C o n fe d e r a te S o ld ie r s ’ Re
u n io n In H o u sto n .
N
ote
. — F u ll- face
R A IL R O A D S AHI>
Volume 63 —
H
figures under Street Railways refer to Vol. 63.
S t r e e t R a i l w a y s . (O on .)
MlSCEL. CO*8.
Vjlum.es 62 and 63.
Page.
Page.
B. C la flin C o ................................115
Louisville Railway ... ..................
ill
A tlan ta ConsoL 8t. R y .................... *27
T w in C ity R a p id T r a n s it .................
500
Houston A Texas Central........... 114 Metropolitan St. Ry., Kansas City. *27
Milwaukee Elec. Ry. & Light ..... 1038
St r e e t R a i l w a y s .
V o lu m e s 62 a n d 63
Page. North Hudson County............... I l l
S
a c ra m e n to E le c tric P o w . A L g t .. 411
Allentown A L. V.Traction........ 906
S*n Antonio & Aransas Pass Railway Company.
( R e p o r t f o r th e y e a r e n d i n g D e c e m b e r 31, 1895. J
President Thomas E Stillman in the rep >rt siys in part:
The result of the year’s operations was a deficiency of
$310,901, which has been advanced by the Southern Pacific
Company under its guarantee. Although the shortage in the
cotton cr >t>reduced our reve iue fro n cotton shipments about
40 per cent as agsiust 1891. it is e-iptci illy gr itifyn g to note
that the shipment of other commidi ies increased tbs gross
earnings for the year $25,077, or 1‘29 per cent over 1894, in
which year the earnings were the largest in the previous his
tory of the road.
Of the 539,271 tons carried, cotton furnished 52,168 tons (9-73 per
oent). a decrease o f 19 05 per c en t; lumber. 69,225 (13-84 per cent),
Increase 1 1‘82 per cen t; horses and cattle, 73,9SS (13-72 par cent), In
c r e a s e 22 42 per oent; stone and sand, 85,593 (15-87 per oent), In
crease 5-96 per cent.
The average receipts j>«r ton per mile were 1-312 cents, against 2-056
In 1894, a decrease o f 11‘87 per eeut. This deorease results In part from
an increase In tonnage of low-olass freight, with a large deorease In
tonnage of h ig h class freight, as well a. from reductions In rates fixed
by t h e Railroad Commission. The gross earnings per mile of road
operated were $2,868, and net earnings $803. a defleit o f $ 108 69
per m i l e o f road. The earniugs per freight train mile were $2 08.
Average t o n s per freight train, 115-07.
M a i n t e n a n c e .— As to the expenditures on the property, etc ,
the report says :
Theoporat log expenses have absorbed 71-59 per cent of the gross earn
ings. Maintenance of war and straotures increased $55,991. or 1 >-35
percent. Of this In rease $25,282 was for damages to track, caused
mainly liy long-continued rains and $25,337 f i r extensive repairs of
umber trestUng. The materials used during the year have been:
Miles of new steel rails, -10; number of bnrnetized pine ties put
In track, 151,913; number o f untreated pine ties nut in track,
139,056; percentage of renewal. 13-62 The rolling stook consists
of 5* tooomolives. 46 passenger cars of all kinds. 1,380 freight cars
of all kinds, aud 17 mail service cars. There was charged to capital
acconur puric.g the year for improvements on the properly $70,08$.
P h y s i c a l C o n d i t i o n .— As to track and bridges the report
Street Railway Net Earnlnys.—The following table gives
the returns of Strebt railway gross an 1net earnings received says :
this week. In reporting these net earnings for the s t r e e t rail The condition of track and bridges Dec. 31,1895, was: Miles 50-lb.
rail in main line aud brano ios,637-40,or 10J percent. B ridgesways, we adopt the same plan as that for the steam roads— steel
Iron spans, 1.250 feet; eombi nation spans, 1,900 feet. Timber trestles,
that in. we print each week all the returns received that creosoted,
572 feet: untreated lumber, 2-strlnger. 118,49 >foot, dum
week, but once a month (on the third or the fourth Satur ber o f burnetized cross ties lu track, 301,516; untreated, 1.960,392.
day) we bring together all the roads furnishing returns, a n d Main line ballasted. 95 miles; to be ballasted, 125 iuile« ; not at pres
the latest statement of this kind will be found in the out requiring ballast. 99 miles; branohline ballasted. 163 miles.
P a y m e n t o f E q u ip m e n t . T r u s t s .— Equipment trust notes to
C H R 0 5 I C L E o f July 18. 1896. The next will appear in the
the amount of $396,906 have oeen paid siuce the property
issue of August 22,1896.
passed
into the hands of the present owners. Tae monthly
-S et E a rn in g s .---*
-Oross E a rn m g t.1895
payments on the $302,075 remaining outstanding Dec. 31
1996.
189 8 .
18 9 5 .
•
Roads.
i
»
*
1895, are at the rate of $10,037 83 per month.
33.764
16,529
19,196
A t la n t a Cone. * t. Rv J une
32,493
O u t l o o k .—The crop prospects for 1896 are quite encoura,
-9,405
79,94 1
J a n . 1 to Jun« 3 0 , . . .
177,345
150,998
849
5 9 1 ing. There is a steady increase in settlements along the lini
2,208
H ath Btreet R y ....J a n e
1,981
1,106 of road. It has been "the policy of the management to main
2.30-*
8.994
J an . 1 to Jane 30 ...
9.241
12.019 tain the standard character of the company’s property, in11,472
29,336
Brockton Con..ttt.Ry.June
23,681
4 9 ,73 2 proving it as renewals become necessary. To equip by Jan. i
54,509
J a n . 1 to June 3 0 ....
118,593
142,065
502
1898, the locomoiives with driver brakes and freight equip
1,906
C it y Klee. (Kome.OaJ June
2,382
J a n . 1 to J u n e 30___
9,883
ment with air brakes and automatic couplers will necessitate #
D e tro it R a i l w a y __ J u n e
12,238
37,294
outlay of from $125,000 to $150,000. This will be distrib
63,092
........ an
J a n . 1 to June 30 ...
212.106
uted over the expenses for the years 1896 and 1897, and be
10,831
19,2)4
11,788
D u lu th S t r e e t R y __ M ay
19,651
39,141 come a charge to the capital account of the company.
42.615
64,495
J a n . 1 to M a y 3 1 __
85,357
E a r n i n g s . — Earnings, expenses, charges, etc., have been as
1,791
4,472
L o n d o n S t.R y .(C a n .)J u u e
5,005
8.865
3,984 follows :
13,829
21,404
J a n . 1 to J a n e $ 0 . . . .
38,783
THE CHRONICLE.
152
AMERICAN SPIRITS MANUFACTURING CO. BALANCE SHEET, MAY 31, ’96.
E A R N IN G S , E X PE N SE S, BTC.
1895.
687
Mile* of road operate 1............
Earnings—
*
32'),116
F r e ig h t............................. . . .. . 1,552.18 >
99,526
M Ucellaoeoua........................ ...
1894.
687
$
313.591
1,537.463
95,693
1893.
687
$
318,341
1,47J,0 i t
93,115
T otal..................................
Expenses —
Main. of way ami atructurea . ....
...
lfcintanaiice o f eqttlpau
Conducting tr«uia|>ortn*.loa.... ..
...
1,946,752
1.881,550
364,655
124.807
681.987
152.916
169.888
172,177
748,273
118,971
1,321,365
622,387
1,509,309
372,241
1,903
420,636
159,897
685,90 4
149,716
I Voi*. L x m
Net earning’* .......................... . ...
Other Income.......................... ___
055.614
699
....
Deduct —
Interest on bond*................... ___
___
Mincellaneoua ................... .... ___
556,343
622,387
374,144
688,000
6 L058
10,7*2
688,000
51,970
23,577
688.000
55,984
11,491
Total ................................ ___
Balance, deficit.......................___
COST OF R O A D , ASSETS A N D
A m ts.
Costof road A f ranch..$23.337,432
Cash. .......................
62,975
Agents and eond’e frs ,
30,244
U. 8. Post Office Dept..
14,4 07
Material. fuel, A c ......
77,072
Individuals and oomo.
32,977
Unadjusted accounts..
26,776
Bal. from Income acc..
503,692
755,475
763,5 47
331,331
141,160
L IA B IL IT IE S DEC. 31, 1895,
Liabilities.
Capital stook
........ $5,000,000
First mort, bonds iss’d . 17,420,000
Vouchers and pay-rolls
177,868
Conn due Jan l , ’91..
314,cOO
Pacific Improv't Co...
75, 92
16,185
Traffic balanoes.........
Eqnlp’t trust notes___
352,574
Adv’es by 8o. Pac. Co..
665,558
M iscellaneous.........
39,058
767,840
211,497
Assets.
Properties at o o s t ..................... - .................... .
......... $36,330,372
Bills receivable................... ............................... ............
*75,683
Acoounts receivable...... . — ..........................................
*830,890
Interest in Spirits Distribution Co. at oost. .....................
*175,900
Stock on baod in p ro cess......... ................................ ......
*172,603
Unexpired losuranoe ................................................ - .......
*22,825
Cash in banks and on hand
..................................... .
*128,038
Proceeds o f sale o f Consolidated and Willow Springs
bid dings, m chinery, etc., depos ted with Manhattan
Trust Co., trustee under mortgage provisions...............
109,334
Total ..................................
$37,845,645
Liabilities.
Accounts p a y a b le .............................................
t$14,800
Bills payable........................................................................
1250,000
Real estate mortgage noteB, being deferred payment upon
purchase o f laud upon which Woolner distilleries are
located, *21,000 due annually, commencing Jan. 1,1897
1105,009
Advances by receiver out of estate o f O. & C. F. Co. Con
tingent liability_______ ... ........................................ .
1180,187
Accrued taxes, rentals and interest on b o n d s .................
t39,197
First mortgage 6 per cent bonds ......................................
2,000,000
Capital stock—Common......................................
28,000,000
P refe rre d .............................................
7,010,000
Surplus..............
256,461
Total............................................................................ $37,845,645
* t The above shows a surplus of assets o f 3943.754 if we combine
the six items marked wu.h a (*) and a seventh item of $L30,0 JO for
“ real estate purchased, formerly held under lease,” making a total o f
$1,535,939, and then deduct therefrom liabilities marked with a (t).
R e p o r t .—It is the purpos j of thi company at proper times
to furnish adequate reports to ids stockholders of its financial
condition after the close of each fiscal year.
O ffice rs a n d D ir e c to r s .— The directors are: S tmuel M. Rice,
.........$24,090,635 Jules S. Biche, H -nry S. Kearney, Nathan Bijur, E. S. East
T o t a l. ..
T otal.....................$24,090,635
on, Richard B. Hirtshorne, Frederick M. Lockwood, W il
American Spirits Manufacturing’ Company.
liam E Hutton, W alter Barker, Stephen D. Bayer, T. H.
( S ta te m e n t to N e w Y o r k S to c k E x c h a n g e i n J u n e , 1 8 9 6 .) Wentworth.
The officers are : President, S. M. Rice; Vice-President, R,
v
N e w Y o b k , June 39,1896.
This company, a corporation of the State of New York, B. Hartshorne; Treasurer, Jules 8. Bache; Assistant Treas
organized Aug. 33, 1S95, as successor of the old Distilling & urer, W alter B irker, Peoria; Secretary, T. H. W entworth.
O ffice a n d T r a n s fe r A g e n c ie s .— The executive offices are ia
Cattle Feeding Co. (pursuant to the reorganization plan in V.
60, p. 480) has made a statement to the New York Sock E x the Mills Building, New York, and the operating offices at
Peoria,
III The agent for the transfer of stock, payment of
change from which the following facts are taken ;
P r o p e r ty H e ld .—Of the distilleries owned and held by the cmpons and for registry and transfer of bonds is Manhattan
old Distilling & Cattle Feeding Co., reported as nunbering 84 Trust Co. of New York, and the registrar of stock is the
in April 1893 - E ls ) it was thought best in the reorganization Chase National Bank of N ew Y o rk .— V. 63, p. 115.
to retain only the sixteen named in the table below. With
® “F o r O tla er R e p o r t s S ee p a g e 143.
regard to these the new company says: “ It is safe to say that
the properties taken over are of more substantial, intrinsic
value than all the plants ever held or controlled by the Dis
GENERAL INV ESTM ENT N E W S
tilling & Cattle Feeding Co. Tney are of sufficient capacity
and of condition always to supply demands, can be econom
Reorganizations, Etc.— L a te s t D a t a a s to D e fa u lts . R e
ically and profitably operated, and the company is not bur o r g a n iz a t io n P la n s , P a y m e n t o f O v e rd u e C o u p o n s , E t c .—
dened with excessive charges upon the same.” Tne distill All facts of this nature appearing s in c e the publication o f the
eries under the company’s mortgage of 1895 are as follows, last issues of the I n v e s t o r s ’ and S t r e e t R a i l w a y S u p p l e
part of them being located on land owned and part on land m e n t s may be readily found by means of the following index.
leased :
This index does n o t include matter iu to-day’s C h r o n i c l e .
D IS T IL L E R IE S O W N E D AN D U N D E R M O R TG A G E OF 1895.
Numbers in black-face type under Street Railways refer to
On Lands Ouoied—
On Lands Leased —
Volume 63.
Central, St. Louis, Mo
Rlverdnle, Chicago, III.
Shufeldt.
8t. Paul, BoutU St Paul, Mtnn.
Star Si Cresoeut, Pekin, 111.
Woollier (2i. Peoria, 111.
On Lana b owned, b leased.
Latonia, Milldale, Ky.
Great Western, Peoria, HI.
Manhattan,
“
Mon area.
“
Northern,
“
Peoiia,
“
Wabash, Terre Haute, Ind.
Maddux Hobart, Cincinnati, O,
Hamburg, Pekin, ill.
R
a il r o a d s a n d
Volumes 63 -
M
is c e l .
Co’s.
Page.
B lo o m s b u rg & S u lliv a n . ...
def.
K e n tu c k y & In d ia n a B r id g e . .coup.
L y n c h b u r g & D u rh a m
.........tale.
O re g o n H R . & N a v ., br. l i n e , . . sale.
S t. Louis a
Sc San F ra n c is c o — coup.
U n io n P a c ific ...................... ....c o u p .
115
116
116
116
117
117
St r e
et
R a.i l w
a .y
Volumes 62 and 6 3 —
3
(C on .)
Page.
C h ic.& S .S .R .T .r< ?ory.ll7 ; sale.'H9, 116
C in c in n a ti In c lin e d P l a n e ....... com.1040
H u d s o n E le c tr ic R y ..........................recvr. 1139
L a k e St. E le v a t e d (C b ieago).cou p s. 919
L a n c a s te r (P a . ) S t R y ......... coupon 990
N a s h v ille T r a c t io n ........................... rtorg. 990
S e a ttle C ity R y ..................................... sale950
S e a ttle C o n so l S t. R y ..
..sale 117
S yra cu se S tr e e t R o a d s ............ reorg. 150
U n ion St. R y . (D o v e r . N . H . ) . .sale. 1110
In all cases of lease the company owns all buildings, ma
St r e e t R a il w a y s .
Volumes 62 and 63.—
Page.
chinery, brands, good-will, etc.
A u g u s ta R y . (G -a.).................. reory. 1 1 5
The daily capacity of the plants owned by the company is
American Type Founders.— N ew B o n d s . — As part of tha
47,400 bushels, which would produce 338,000 ga'lons of dis
tilled spirits.
capital readjustment just completed have been issued $500,D is tille r ie s H e ld b y th e R e c e iv e r.— Several distilleries have 000 of 6 per cent gold bonds (interest M.&N ), due 1926, of
been abandoned and several have been sold and the proceeds an authorized issue of $1,000,000. The Mercantile Trust Co.
taken into the estate. The following plants are still heJd by of N ew York is the mortgage trustee.—V. 62, p. 683.
the receiver : Bush & Brown and Great Eastern, Peoria, 111.;
A tlan tic Coast E lectric Ry —Seaihore E lestric Ry.— West
Crown and Enterprise, of Pekin, 111,; Maddux, of Dayton, End & Lon? Branch E lectric Ry.— The Seashore Electric
K y „ and Calumet, of Chicago, 111. Tbese properties will of Asbury Park and the West Ead & Long Branch Electric
eventually be sold by the receiver and are at the present have decided to lease their properties to the Atlantic Coast
time a valuable asset of the estate. The interest in same or Electric for fifty years.—V . 61, p. 703.
proceeds of sale will become the property of this company
Baltim ore & Ohio RR. — P r e fe r r e d S to c k H e a r in g S e p t. 5 .—
under the reorganization agreement. The following are also
The suit of the preferred stockholders to compel the receivers
held by the receiver and are in process of being turned back
and sold to the owners of the lands : Bermingbam, Chicago to pay the dividend on the first preferred stock, which was
passed on July 1, was filed ia the Uaited States Circuit Court,
111., dismantled ; P. H. Rice, Chicago, 111., dismantled ; Phoe
at Baltimore on July 17. Ttte petition was filed on behalf o f
nix, Chicago, III.; Martin, Kansas City, Mo.
the Johns Hopkins University, which holds $981,116 of the
P r e fe r r e d S to c k .— This, aggregating $7,000,000, is “ entitled
to a dividend of not exceeding 5 per cent in any one year, first preferred stock. Other holders of the stock may become
which dividend shall be non-cumulative and payable out of parties to the suit by paying their proportionate costs, not
net earnings before any dividend is paid on the common stock. exceeding $1 per share. J ndge Morris signed an order requi ?
The preferred stook is limited in preference over the common ing the receivers to answer the petition by Sept. 5, 1898.
A u g u s t I n t e r e s t . — It is stated that the receivers w ill pay
stock to the 6 per cent dividends.”
out over $500,000 on Aug. 1 in semi-annual interest charges,
f i r s t M o rtg a g e Bond*.—These are dated Aug. 39,1895 each
for the sum of $1,000, and payable ia gold coin Sept. 1,’ 1915 due on the bonds of the company, including all the interest
bearing interest at 0 p. c. per annum, payable semi-annually payable on that date by the Baltimore & Ohio, and there is to
in like gold coin Mar. 1 and Sept. 1, said issue of bonds aggregat be no default. The payments are : Baltimore & Ohio, Pitts
ing $8,000,000, subject to privilege of redemption at 105, and burg & Connellsville 5 per cent loan of 1885, and Baltimore
secured by first mortgage to Manhattan Trust Co. of New & Ohio consolidated mortgage 5 per cent loan.
G u a ra n te e d E q u ip m e n t B o n d s . —The equipment bonds re
York as trustee. Section 7 of said mortgage provides for the
payment of 5 per cent of the net earnings of the comoinv cently authorized by the courts to the aggregate amount o f
for the year ending June 30, 1897, and each year thereafter, $3,400,000 it appears are binds of the Baltimore & Ohio
Equipment Co., and bear the following guaranty of the B. & O.
as a sinking fund for the redemption of said bonds.
RR. and its receivers :
B a la n c e S hee t .—The following is the balance sheet of the
“ For value received, the Baltimore & Ohio RR. Co , and John K.
company May 81, 1896:
Cowen and Oscar G. Murray, receivers ol said company (and not iadi -
Ju
ly
25
fHE CHRONICLE,
1S96.J
153
The terms offered were stated quite fully in the Ch r in of June 20, 1896, page 1139. The purchasers are
to give to the city first mortgage bonds for §19,000,000
Interest of the within bond as theiein specified.”
bearing 4 per cent interest and ma’uring Oct. 1, 1993, they are
Witnessed and signed by the B. (S' O. RR. and the receiv to
pay the city in cash $340,000 yearly for six years, or #!,ers.— V. 83, p 75.
440,000 in all, and after Oct. 1, 1903, ars to pay in cash a sum
Baugor * Aroo-tiot RR. — E c p l a n a t i o n a s t o E a r n i n g * . f qutl to 10 per cent of the gross earnings in excess of $4,500,— Touching the statement of earoiugs winch is given below, 000; also certain lease-hold rentals a u mating to $5,833 per
annum. They are also for the first eight years to expend
the following official explanation is furnished us :
The decrease in gross earnings is almost entirety due to the low $250,003 yearly in improving the property. A supplementary
price of potatoes. The crop was the largest on record but the prios Dropo-ition to the trustees says :
vldually), being 1b mis behalf doty au'horized h r order of the Circuit
Court of the Uuite l states for the District of Mary laud, do hereby
guarantee unconditionally the puaou >1 psvium t o f the principal aud
was so low the farmers could not ship them, and w h it were shipped
went at a red 10 si rate of freight L is t y e t r we circle l very large
amounts o f fertilizer; this y e tr the farmers are doing without it. The
acreage of potatoes this year is about 25 per cent less th-au last, and if
the market is as g *>l as It usually Is, wo shall earn from that crop
this year tar in excess o f last year.
The earnings are as follows :
---------------i t a u . --------------- -— h u t . 1 tu H a y 3 1 .—,
Oross earnings...........
Net earnings..............
Faxed c h a rges...........
1896.
850.795
17.018
31.997
Surplus ............... d ef8 »,3 1 9
—V. 62, p. 454.
1895.
862,534
18.151
18.196
8258
1896.
8239.297
111.391
103,011
83,350
1395.
8301.891
91.123
89.379
81,541
Belt RR. £ Stock Yard of Indianapolis— M o r t g a g e R e
.— Tbe city of Indianapolis, it is stated. Bled us release
of tbe mortgage for #500,000 against this company, the money
having been pail. Bonds of the 1331 issue for a like amount
were sold to tase up the old issue. They are currency bonds,
though long believed to be payable in gold.
Boton Terminal Co. — B o n d s a n d .Votes.—It is now pro
posed to issue under the lien of the first m trtgsge #3,000,0X)
of 3ijJ per cent fifty-year currency bond* and also #3,000,000
3J^ per cent two year gold notes, maturing Aug. 1. 1393. The
mortgage trustee is the Old Colony Trust Co., and the boods
are to be either coupon or registered. While this is ths present
plan, it is open to modification. Under the act of the Legisla
ture. the Boston A Albany. Boston A Providence, Old
Colony, New England and New York Now Haven A Hart
ford are jointly liable for any deficiency in case of foreclosure.
— V. 63. p. 39.
Brooklyn Union 4ms.— P e o p l e 's O m L i g h t B o n i s C a l l e d . —
The >>uMAiading first mortgage bud* of the People's U isLight t^Bdatvd April 30, 1337. will be redeemed Jan. 12, 1397,
in accwiance with tbe provisions thereof, at par and
accrued int< rest, at the Metropolitan Trust Co., New York
City.— V. 82, p. 1141.
Called Bonds.— N orthern P a c if ic .—I n our advertising
columns are given the numbers and other information regard
ing certain bonds called for payment.— V. 63, p. 116.
Cape Fear £ Yadkin Valley RR.— M i is t e r ’s R e p o r t . — In
our issue of July 11 it was stated that the Master appointed
by the Court to determine the earning capacity and cost of
operation of the different divisions of the Cape Fear A Yad
kin Va'ley RR. had made an elaborate report. It now
appears that this statement was incorrect and tnat tbe figures
publisbcd were those furnished to the Master by tbe receiver
for use in connection with his investigation. There has been
no hearing before the Master, and there will be none until
the first day of September. All the accounts have been sub
mitted to au expert, who will make a detailed report upon
the questions referred by the Court to the master. Until the
hearing takes place on the 1st of Sep:ember an i the Master
has acted, it cannot be claimed that be has made a report.—
V. 63, p. 75.
Central Union Telephone. Chicago.— Dividend P a s s e d .—
This oompanv has passed its quarterly dividend due ia July.
The bonds offered to the stockholders in March have not all
been sold, and it has consequently been decided to devote all
net earnings to extensions and betterments. It ia hoped to
resume dividends by the next quarter. The company has paid
dividends at tbe rate of 5 per cent for tbe last few years,
reducing it to 4 per cent last April. Tne im iu it o( toe
blinds offered to stockholders was #1.600,009. and all hut
#400,1)00 were subscribed for. This company controls the Bell
Telephone business in Indiana, in Ohio with the exception of
Cleveland and Cincinnati, in Illinois excepting Cook and four
other counties, and ia a number of cities in Iowa. Competi
tion caused a reduction of rates, in various places io 1395, the
gross earnings being $1,345,223, against #1,423,070 in 1391 and
net earnings #355,166, against #405,933. H. B. Stone is Presi
dent.— V. 63, p. 75.
Chicago General By.— West £ South Towns Street Ry.—
C o n m A u i a t i o n .— Cue stockholders of both companies this
week unanimously ratified the consolidation of the two corpo
rations decided upon some lime ago. The consolidated com
panies will be known as the Chicago General Railway. AU
of the property of the Towns Company becomes the absolute
property of the General Company. —V. 63. p. 937.
Cincinnati .Southern Ry.— Cincinnati New Orleans £
Texas Par lie Ky.— Cincinnati Hamilton £ Dayton Itv.—
Southern Ry.— E l e c t i o n A u g . 3 t o V o t e o n S a le , — An election
will be held in Cincinnati, Aug. 3, to vot« on the sale of the
Cincinnati Southern Rv. to the CUciant i Hamilton & Diyc in
Ry. and the Southern Ry. An erroneous impression prevails
that the sale if sanctioned by the city wdl not be completed
until the end of 99 year*. The fact is, however, that the prop
erty is to be turned over to the purchasers at once, the bidders
saying; " The deed shall lie delivered on Out. 1, 1396, and the
sale, whenever ’consummated, shall date as of that day.”
le a s e d
icle
A sinking fund shall be estab lish ,1 from an.I after the tlrst (lav of
Oetobsr, 1902, of an amount sufficient, If invested at -l per oent
inter -t to retire all o f the 819.0 >0,00 ' at or netore maturitv; or, If
yon prefer, upoo the lirst day of Jsnuary and In tvlu etch aud every
ye ,r after 1902 the new oorporatiou will puroli tse o f the citv enough
o f the 819.000,000 bonds at par for Investment iu such sinking fund,
so as to provide for the retirement o f all of such bonds at or before
the maturity thereof.
Soma objection has been raise! in Cincinna'i to selling on
the terms offered, but they certainly appear liberal, especially
in view of tbe unsettled condition of business.— V. 63, p. 116.
Colmnbiis Hocking Valley & Tolel* Ry.— L i s t i n g .—
On the New York Stock Exchange have been listed $133,000
additional general mortgage 6s of 1934(making a total of said
issue outstanding $2,000,000; and $530,000 additional 5 par
cent preferred stock, m iking the total listed $2 -500,000. The
proceeds of these securities were applied tj the liquidation of
the floating debt. The estimated gross earnings for the six
months ending June 3). 1396, were $1,319,570, c impared with
#1.053,183 for the same period last year, an increase of
#167,333, or 15 per O’nt, and the n«t earnings fir the sime
period, one month jurtly estimated. were $43),439, compared
with #3i7,513 for ths samo period of 1895, an increase of
#132,926, ot*33 per cent.
E a r n i n g s .— The following is also an ofli dal sti'emeat :
Surplus of earning* over expenses, Interest anil taxes for the
year 1995.................... ............................. ............ 870,856
Surplus o f royalties after p aym en t o f Interest on Ohio Laud
£ R a ilw a y Oo. bonds . . . . . . . ...... ......... . . . .......................... .
19,608
8 90 ,4 6 2
Increase Iu net earning* flrs( Ore months 18 9 6 ......... 126,168
S h o u ld tb e e .ifu lu g * fo r th s b a la n c e o f th e y e a r 18 9 8 s h o w no
c h a n g e a s co m p a re d w ith la s t y e s r . th e r e s h o u ld h e a s u r
p lu s o v e r a ll flx e d c h a r g e s , t a s e s a n d I n te r e s t on th e O h io
lu sn d £ R a i l w a y ' <>. b o n d s, u f a b o u t ....................... ...................# 2 1 6 ,6 3 0
This would be equivalent to over 8 per cent on the total
issue (#2,500,000) of preferred stock.— V. 63, p. 118.
Delaware Hirer Railroad fe Bridge Co. —Pennsylvania
RR. - M e w M o r t g a g e . — The s t .ckholders of the D It ware
River RR. A Bridge O x on July 17 authorlx-d the intking
of n f ir s t mortgage 4 p»rcent loan of #1,330,000, covering
the company's property, which is principtlly fte great bridge
of the Pennsylvania ftR Co., recently co npletel atrass the
Delaware at Philadelphia Tne bridge its df is 1,911-8 feet
1mg. (See President Riberts' statemint, V . 02, p. 303, and
V. 60, p. 435; V. 62, p. 1037.)
Dalnth £ Winnipeg KR — S t i c P o s t p o n e d .— The foreclos
ure sale was postponed from las'. .3tturd ty until to-day.
R e o r g a n i s a t i o n . — The reorganization committee, Bmjtmin
Whitely, Secretary, it Wail Street, anaodacss thlt the reor
ganization agreement has been almoit unanimously signed.
Yesterday wan the last day for subscribing to its terms.
— V. 62, p. 1037.
Florida Southern RR.— Savannah Florida & Western
KR.— M o l. S t a n / i a r l G a n g *.— The work of changing the
Florida Southern division of tne Plant System from narrow
to standard gauge has bsen practically completed. So sys
tematically and quickly was the work done that leas than
three days were required to complete it, although this line is
145 miles in length.— M t n u f a c l u r e r s ' R e c o r d . — V. 82, p. 633,
Great Northern Ry.— .itchts>u Topeka £ Suita Fe Ry —
S t e a m s h ip L i n e t o J a p a n . — The E v e n i n g P o s t s »i 1this week :
8 . 1 w a o a g a an d It fC sfu k u , o f T oklu . J a p a n , w h o h i v e J u st c o m p le te d
n e g o tia tio n * w ith th e U re a t N o rth e rn R s ll w s y fo r a s te a m s h ip lin e
fro m S e a ttle to Toklo an d o th e r J a p a n e s e p u rls , a r e n o w In tilts o lt y as
re p r e s e n ta tiv e s o f th e R o y a l J a p a n e se g a l l d ie to i- ln p Oo u p »ny, e u g e g e d In e x a m in in g Into A m e ric a n m e th o d s o f s h ip p in g an d tr a n s p o r
ta tio n . Mr. tw a n a g a , w h o Is g e n e r a l -M anager o f th e s te a m s h ip c o m
p a n y . h a* o u tlin e d th e p la n * fo r th e n e w e o n n o o tlo n . s a y in g th a t a t tirat
th e c o m p a n y w o u ld d e v o t e I ts e lf m a in ly to th e d e v e lo p n e a t o f f r e ig h t
tr a ffic , s u b s -q u e n tly d e v e lo p in g p a s s e n g e r s e r v ic e b y b H id in g n e w
sh ip s
T h e o o m p a n y h a s b een In e x is t e n c e t w e n t y fiv e f e a r s , a n d la
c a p ita liz e d a t a b o u t 813,0 0 0 ,0 0 0 , o w n in g s i x t y t w o v e s s e ls an d ooutr a llln g a la r g e s h a re o f th e J a p a n e s e a n d E a s t I n d ia tr a d e
R e p o rt* fro m C h ic a g o In d lo a te th a t th e A to h ls o n R oad m a y a ls o
co m e Into an a llia n c e w ith th e n e w lin e . C o n firm a tio n o f th is s to r y
w a s o b ta in e d In th is e lty to d a y . I t a p p e a rs t h a t th e p ro je c to rs o f th e
n e w sch e m e o o o te m p la te a lin e fro m dan D ie g o , O al., to J a p a n e se
p o rta, an d b a r e b e e n fo r so m e tim e In c o rr e sp o n d e n c e w ith A to h lso n
o fficia ls on tho snh jeot- I t 1* said th a t th e n ew lin o w ill b e d e v e lo p e d
b y In te re sts fr ie n d ly w ith th e A to h ls o n , b u t th a t th e e x is t in g aJIlanoe
w ith th e So u th ern Paolflu w ill n o t be d is tu r b e d . — V . 62, p. 77 8 ; Y . 63,
p . 73 .
Grand Rapids £ Indiana Ry.— N e w C o m p a n y O r g a n i z e d . —
This r a i l w a y company ia a successor of tne Grand Rapids A
Indiana RR. recently purchased at foreclosure sale by the
Pennsylvania RR. Co. The new b ia ri of directors ij
James McCray, John E, Davidson and Joseph Wood of Pitts
burg; J. T. Brooks, .Sslem, Ohio; William R. Shelby, H. J.
Hollister and T. J. O'BrieD, Grand Rapids. Tne olfloera are ;
Pr« aident. James McCray, who is also First Vice-President of
the Pennsylvania Company: Vice President and Treasure1-,
W, R. Shsdoy; Secretary, R. R. Metheiny; General Manager,
J. H. P. Hughart; General Counsel, T. J. O’Brien.
THE CHRONICLE.
15 *
R e o r g a n iz a tio n P la n .—Holders of (be general (third) mort
gage bonds of the old Grand Rapids & Indiana RR. have rectivid a circular offering them for the face of their bonds par
in the crnnoun s ock of the new company, proiidtd they pay
on or before Sept 1, 1896, an assessment of 5 per cent and
surrender their bonds and with them all overdue coupons and
the bond scrip issu'd under the agreement of March 4, 1893,
the same to be deposited and the assessment to be paid at th^
offic* of the Commonwealth Title Insurance & Trust Co., FhilaiHMjuia.
_
The properly wpb sobl at for* closure subject to the first
mortgage bonds for
375,000. There will now be issued.
AVf.ni/ morlgaffe bonds, bearing interest from Oot. 1. 1806,
at 2 per cent f.>r the lira! year. 3 per cent for the next two
year, nr ,! 4 per cent thereafter. Total authorized......— $5,000,000
To he Issued at par fo r :
O d second mortgage bonds .......................... ..
.................... ................
2,075,000
Overdue coupons on first mortgage 78 -....... .
.........
025,000
Car trust.. 4 per cents, about............................................
yoo.ooo
Mackinaw boat loan...................... ...................................
S o ,000
1,020,000
Balance in treasury for future uses.......................................................
l ‘apital $lock~T otal authorized........................ ................ 6,000,000
To he Issued at par ab> ut as follow s:
Overdue eoitpots second mortgage ..........................................................
800,000
Iuteiest on overdue coupons 1st and 2d M ............ .........
275,000
Compensation for red notion of Interest on 2d mortgage
bonds, 0 ,r trusts, etc.-........................ ............ ........................
425,000
To he Issued under above offer to general (third) mort
4,500,000
gage bonds................................................ ...................
The total new second mortgage bonds now to be issued is
$3,980,000. The assessment will be used for working capital
and to meet current liabilities. The net earnings of the com
pany in 1895 were $410,116, and the interest on the first
mortgage bonds aggregated $287,218, on which basis there
would be a balance of $122,898 available for miscellaneous
payments and for interest on the new loan. This interest for
the first year will be $79,600.—V. 62, p. 1087.
Greenwood Anderson & Western RR .—Charleston &
Macon Ry.— < arolina Midland llll. —Bonds O ffered .—A t
Charleston, S. C., this week, have been offered for sale, at 85
and acetutd interest, $250,000 5 p. c. gold bonds of the Green
wood A. & W. RR., part of an issue of $1,512,000, secured by
first mort. and limited to $12,000 per mile of completed road
on the entire property of the Greenwood Anderson & West
ern RR. They w ill also be a first mortgage upon the Charles
ton & Macon system, now being built. The Central Trust
Co. of New York is the mortgage trustee. The Greenwood
Anderson & Weslern is in operation for 60 miles between
Annandale and Seivern, in South Carolina. See statement in
C h r o n i c l e of June 20,1896, p. 1138.
Hndson Tunnel Ry .— R e o r g a n iz a tio n P l a n .—After some
delay we have secured copi s of the reorganization plan
adopted at a meeting of the bondholders io London June 11.
The London committee in formulating the plan was aide i
by an advisory committee in this country co sis mg of Daniel
Lord, Major Low and Charles M. Jacobs, who a3 chief
engineer constructed the tunnel of the Eist River Gas Co.
Mr. Jacobs' estimates for the completion and equipment of
the tunnel, for traffic, as made out in very cimplete detail,
and including the purchase of the necessary additional land,
amount to $2,376,779. It is therefore proposed to issue first 5
per cent mortgage bonds for $2,51)0,000, or (if it should be
necessary to do so) to reduce the amount of these bonds to
$1,875,000, and to provide the balance of $625,000 by a sepa
rate equipment or car trust. The terms of this issue it is
stated have been arranged with influential persons in New
York, who have agreed to raise one-half of the issue
conditionally upon the other half being raised in London.
The new company to be formed after foreclosure sale will be
constituted with a capital as follows :
[V ol . L X III.
eluding miscellaneous income from rentals of electric wires,
news stands, advertising privileges, etc., full interest on the
first mortgage bonds and from the autset something on the
incomes. The company has the franchise for the construction
of additional tunnels, which if desirable may be availed of
later to provide for through travel.—V . 62, p. 1177.
Hutchinson Oklahoma & Gulf Ry.— Hutchinson & South
ern KK.— R e c e iv e r's C e rtific a te s to B u i l d a R o a d . — A press
despatch from Guthrie, Ok., says : The action of the United
States Court at Topeka in approving the plan of Receiver
Walker to issue certificates in payment for construction in
sured the immediate extension of the Hutchinson Oklahoma
& Gulf Railway from Cameron, Kan., to Pond Creek, Ok.,
opening up, in connection with the Rock Island route, a large
section of Southwestern Kansas to the Gulf trade. The new
line would be an extension of the Hutchinson & Southern.—
V. 62, p. 84.
Kansas City Fort Scott
th
Lewiston
&
Youngstown Frontier Electric
,
>------------- 11t i l
r e c e iv e -----------
Iirmrthotders ami subscribers.Veto 1st M, Incomes.
Sloe
Holders of & loo 1st mortgage boud who
subnerihe $500 lu cash...................... $500
$500
Who do not oubacribe aa above......................
250
New capital flubsoribere (whether bond‘
ho ders or others) for $50" cash.........
500
250
11
Holders $f»Oo *id mortgage bond.....................
175
l
Both first and scooud mortgage bondholders to haTe the privilege'(
subscribing lo the new bonds.
°
7 ra vel A cro s s th e H u d s o n R iv e r F e rrie s .— In
to the committee Mr. Jacobs says in part:
his statemei
‘••Ihc travel over .lie forties of the North River is of enormous pr
porlioo and Us rapid growth Is shown by the records In 18f
on!? •
Itassengei8 crossed Hudson River ferries; in 1890 72.26C
(UK ; in 1894 8 i,863,o00. A t this rate of Increase the total ferri.ii
will ut double,lly amount to 100,000,0 .0 by the time of completion^
tun.ue . 1he conditions of suburban travel In the past few years bat
c ! rH,3
{ lle growth o f electric trolley oar systems has bit!
up a gloat local business, aud it Is to the electrio railroads from whit
the greatest business to the tunnel Is likely to accrue. The ofBci
Jersey City Ferry throe years ago showed that at th;
a l ' r 60 PT„ SeDt of I V P»s»engera crossing were provided by a
street lines. In Jersey Lily there are three systems o f electric ra
roads Ihe Consolidated Traction Co., the North Hudson County Rl
am Ihe Hoboken Passaic & Rutherford Ry.; and there are also t
Delaware Lackawana & Western RR., main and suburbau lines-whl
tan make a d lieel connection with the tunnel, aud whose interest*
S®'111eVd,0« for traffic it Is to utilize the tunnel. This would be ai
City Bsel” "*1*
ne8s tlJ be obtained from the residents uf J e m
The portion of this traffic which the tunnel would secui
the promoters estimate would yield at 3 cent fares, and ii
R y.—
M o rtg a g e . —This company has made a mortgage to the Buf
falo Trust & Safe Deposit Co. for $150,000, covering all the
property owned by the company between the New York Cen
tral station at Lewiston and the shore of Lake Ontario.
Mexico Cuernavaca & Pacific R R .—S ta te m e n t a s to E n
t e r p r is e .— In reply to an inquiry as to the value of the com
pany’s bonds, Rialto, in the B o s to n A d v e r tis e r , makes the
following statement :
The concession from the Government was granted May 30,1890, but
was transferred to the present company June 9 , 1S91. The line as
projected conueots Mexico City and Acapulco, on the Pacific coast,
some 300 miles distant It is at present ■perated only AG's miles.
Its outstanding capitalization oonsists o f $1,076,100 in stook and $1,000,000 in 5 p. c. 50-year g ild bonds, which are authorized to
the extent of $ it . 000 per mile. The section of the road which is com
pleted Is not remunerative, although I understand that the iq|K est on
what bonds are outstanding is provided for.
flp
The line to the Paoido Coast parallels for a long distaneflyhe con
cession of the Interoceanlc RR , which carries a large Government
subsidy, as the Mexican Government has been very anxious to have a
line from the capital to the Pacific Coast. The M. O. & P. RR., through
its President, J. H. Hampson, has purchased this concession, and
work is now being pushed on that section of the road between the
present terminus o f Ihe tnteroceaaio and the coast. When this is
completed the connection wilt be made with the present 46 miles.
The toad traverses a mountainous o untry not fitted for agriculture,
exsept in one or two places, but likely to prove rich in minerals. The
Government subsidy will be a great aid.
Tne bond3 are dated 1893, are due 0 ;t. 1, 1943, with interest
payable at the Mercantile Trust Go , New York Gity. Presi
dent and General Manager Hampson has his office at Denver,
Col.—V. 61, p. 196.
Milwaukee Electric Ry. & Light.— L i s t i n g . — O n the New
York Stock Exchange has been listed the company’s $5,500,000
of 5 per cent consols due in 1926. The statement t> the E x
change embraces chiefly the data published in the C h r o n i c l e
June 6, 1896, on page 1038, to which reference should be
made. The balance sheet of June 1, 1896, is also furnished as
follows.:
BALANCE SHEET JUNE 1 , 1 8 9 6 .
Resources—
P roperty.................... $14,223,151
Supply department...
52,906
First mortgage 5 per cent bonds, total authorized...............$3,000 000 Consols to retire 1st
Of which it Is proposed to Is su e ......................................... 2,50 0 000
M. b ou d s................
1,500,000
33,672
Inoorne bonds, 6 per cents...... ............................................. 3,000,0. 0 Accounts receivable..
appeal cases.
8,753
Common stock.................................................................
2 500 OOO Trustee,
Securities
io
trust___
6,700
Of which It Is Intended to Issue............................ " i : . " ; "
2,000,070
C a s h .........................
18,473
44,872
It is pi oposed to issue the new securities in exchange for Profit and loss............
caeli and the securities of the old company as follows :
Memphis Ry.— Kansas City
Memphis A Birmingham Ry.— New President.—Edward 8.
Washburn has been elected President and General Manager of
each of these companies, to succeed the late George H. Nettleton.—V. 61, p. 868, 923.
Lake Street Elevated RR.— E x te n s io n o f T im e f o r D e
p o s its . —The first mortgage bondholders' committee announce
that the time for further deposits of bonds with the Northern
Trust Co. of Chicago has been extended to Jan. 1, 1897.—V.
62, p. 1139.
T otal....................... $15,888,527
—V. 62, p. 1177.
Liabilities—
Stock, preferred......... $3,500,000
I Stock, common........... 3,500,000
Consols .....................
7,000,000
1st M. b o n d s .............
1,500,’ 00
Arc Light Go. mort . .
20,000
Bills and acoounts
payable .................
231,744
Ace. ued interest.......
127,083
Mil. 8t. Ry. securities.
6,700
T otal....................... $15,888,527
New York & New Jersey B ridge .— R e c e iv e r f o r C o n s t r u c
t io n C o .—Application wa9 made Wednesday for a receiver
for the Atlantic Construction Co , which has the contract for
building the New Jersey end of the bridge. Secretary
Charles Swan of the Bridge Company is quoted as saying that
if the Construction Company is really insolvent the contract
will be awarded to some other company, the tw o concerns
being entirely separate, so that the difficulties of the Con
strue'ion Company would not delay the work on the bridge
or affect the Bridge Company seriously.—V . 62, p. 1041.
New York New Haven & H artford R R .— L o a n f o r $ 3 ,0 0 0 ,000 re n e w e d .— Vice-President Hall is quoted as saying that
his company has just renewed at i'4 , Per cent a loan of $3,000,000 from a Bjston banking firm made a year ago at 3
per cent.— V. 62, p. 909.
Norfolk
Western R R .— F i n a l I n s t a lm e n t C a lle d . —
Stockholders of the Norfolk & Western; Roanoke & South
ern and Lynchburg & Durham RR. companies are notified
that the final instalment of $2 50 per share, payable by de
positing stockholders, must be paid on or before August 6th
next to the Mercantile Trust Company, 120 Broadway, N ew
York.— V. 63, p. 116.
Northern Pacific U K . —I n j u n c t i o n D e n ie d .—Judge Jenkins
of the United States Court at Milwaukee on Wednesday
denied the application of the Seattle Lake Shore & Eastern
Ju ly 25 1896.]
THE CHRONICLE
Reorganization Committee for an injunction restraining the
sale of the Northern Pacihc on Saturday. Tne Court held
that the bill was without equity.
D u l u t h <t M a n i t o b a S e t t le m e n t.— O r e r two-thirds in interest
of the D. & M. bondholders having given their consent in writ
ing to the settlement of June 16,1896, and the lease of the D,
& M. having been renewed with the receivers of the Northern
Pacific, the said agreement has been declared operative.
Holders of receipts for Duluth & Manitoba bonds are therefore
requested to present them at once to the Guarantv Trust Co.,
65 Cedar Street, New York, for collection of §90 per bind,
being 10 per cent on account of the contract price of the
sale of the bonds represented thereby.
F i n a l I n s t a l m e n t C a l l e d . — The sale under decree of fore
closure having been ordered for July 2), 1893, notice is given
that the third instalment, viz,:
$4 00 per share in respect of preferred stock, and
$5 00 per share in respect of common stock, of the Northern
Pacific RR . being the balance of the cash oayments specified
in the plan, is payable on Aug. 14,1896.— V. 63, p. 116.
Oregon Improvement.— D e f a u l t — F o r e c lo s u r e — D;faul:
having occurred June 1. a suit for the foreclosure of the first
mortgage has been brought and consolidated with the suit
under the consolidated mortgage, in order to carry out the re
organization plan.— V. 62. p. 1178.
Oregon Railway tt Navigation.— Iregon Railroad Jfc Navi
gation.— S e w C o m p a n y O r g a n i z e d . — At Portland, Ore.. July
18, the Oregon R a u r o a d & Nivigatiov Co. wis orgsmztd as
successor of the Oregon R iilw iv & N ivigtti m Co., recently
sold in foreclosure. The reorganized company it is said
will take charge of the property August 1.—V 63, p. 116.
Port Royal & Augusta RR —Port Royal It Western Caro
lina RR.— Charleston * Western Carolina RR — F o r e c l o s u r e
S a l e .— The foreclosure sale of the Port Roya! & Augusta has
been set for September 1at B aufort. 8 C. The road will be
reorganized, along with the Port Royal & Western Carolina,
into a new company— the Charleston & Western Carolina.
The new company will take over the P. R. & W. C. in the
course of a fortnight, when it is expected the receiver will be
discharged.—V. 62. p. 1140.
Queen Anne’s RR.— C o n s t r u c t i o n — Tills roa 1is under con
struction from Queenstown, M l. (on the Chesapeake Bay
opposite Baltimore), to Lewes, on the Delaware Bay, and
Reboboth Beach on the Atlantic Ocean, a distance of 60 miles.
Various branches are also projected. Arrangements have
been mad* wi ll the Chester River Steamboat Co. to handle
the traffic between Q leenatown and Baltimore,and a steamer
line is proposed from Lewes to the ocean resorts of the Jer-ey
coast. The bridge over the Choptank River at Donton will be
finished in about sixty days, and about that time the road
w ill be ready for operation from Queenstown to Greenwood,
Dal., or over half its length. Mr. Wm H. Bwlay, the Resi
dent of the company, is a member of the banking firm of
John 8. Gitlings A Co., of Baltimore. The road is being built
by the Queen Anne's Construction Co., which has been at
work about a year. The intention is said to be to bond the
ro el at 312,000 per mile, and to issue stock at the same rate.
Railroad Building In 1896 — Th« R a i l r o a d G a z e t t e in its
issue of the 24th inst. publishes a detailed statement of the
companies building new road in the Unite! Staten in the first
half of 1896. The table is a revision of a preliminary one
published by the G a z e t t e June 24 and which may he found in
the CHRONICLE of June 27. page 1179, showing the compara
tive record for a series of years. The revised total for the
half year is 796 miles against 717 miles in the preliminary
statement.— V. 63, p. 1179.
St. Louis ic Man Francisco RR.— C o u p o n P a y m e n t . — The
following past-due ooupoos of the S’. Louis & S in Francisco
Ry. are being paid at the Mercantile Trust Co.. 120 Broadway:
A , B . C , b o n d s , coupon of May 1, 1896, g e n e r a l m o r t g a g e
bonds, coupon of July 1. 1896. t r u s t S p e r c e n t bonds of 1887,
coupon of April 1, 1896.— V. 62. p. 117.
Savannah Electric Ry.— O r d e r e d S o l d — At Macon, Ga.,
Judge Speer, in the United States Circuit Court, hss
aigmd a decree for the foreclosure sale of this property under
the 6600,000 mortgage of 1895, interest on which due July 1,
1898, was defaulted. No date for the stie has t>»en fixed.
The report for the sixteen months of the receivership is said
to show net earnings of over 65,000, or more than d ruble the
net earnings of the preceding sixteen months. A large
amount of the travel is done at 3 cent fares.— V. 60, p. 563.
Seattle Like Shore It Eastern R/.— S t a t e m e n t b y C o m
m i t t e e — The bondholders' committee has issued a circular
relating to the judgment by default obtained against the road
in favor of the Northern Pacific receivers. They say :
" T h e same ones lion was argned In 1894. and the C ou rt decided that
the Sorthern P a cific had no claim fo r this m oney ahead o f the lien o f
the first m ortgage. As the properties h ave all been sold In foreclosu re
under th e m ortgage, and vested in the new corpo a lien , the ju d g m en t
Is an em pty one. fo r It is virtu illy a ju dgm en t against a d efu n ct cor
pomlon.''—V. 63, p. 117.
Texas Sabine Valley Sc Northwea’e -n H r.—C h a n g e o f R e
c e i v e r , — R B Levy, Sr., of Longview, Tex., has oecu ap
pointed receiver vice L“on H irt, resigned. —V. 63, p 1179.
Third Avenne RR — S e w S t o c k . — A stockholder*' meeting,
it is stated, has been called to vote on a proposition to in
crease the capital stock 63,009,000, each stockhold-r to be en
titled to subscribe for 25 shares of the new stock at par. The
proceeds, tt is understood, will be used to introduce cable on
the Forty-second Street & Boulevard line.— V. 62, p. 822.
155
Union Electric Ry. (Saratoga, N. Y.)— S o ld i n F o re c lo s u re .
— This road has been sold at foreclosure to Bertron & Storrs,
of New York City, for $8,500, subject to the first mortgage
for $100,000.-V. 62. p. 553.
United States A Hayti Telegraph It Cable.— I n c o r p o r a
t i o n . — T in a company was incorporated at Albany. July 15,
with an authorized capital of *1,800,000, to connect New York
by submarine cable with the Island of Hayti in the West
Indies and by telegraph line with Boston. The directors are
John AV. Mackay, George CHpperton. Albert Beck, John
Beattie and Charles E. Merritt, of New York City : Albert B.
Chandler and Edward C. P litt, of Brooklyn.
Washington at Glen Echo RR.— N e w R o a d — S e c u r i t i e s
O f f e r e d . — This company, incorporated under the laws of
Maryland, with capital stock of $250,000 and bonded indebt
edness of $ 200,000, has constructed a suburban double-track
railroad, beginning at Connecticut Avenue and District Boule
vard, Washington, and extending to Glen Echo Park on the
Potomac. The road connects with the G*orgetown & Tenniilytown Railroad and with the R>ck Creek Railroad at
Chevy Chase Circle. Tne bonds, now offering at pir an 1 in
terest from June 1, are 6 pj r cent gold bonis due 1916. Trus
tee under the mortgage, the Washington Loan & Trust Co.
of Washington, D. C.
Wheeling Sc Lake Erie Ry.— Cleveland Terminal & Val
ley lir.— A g r e e m e n t f o r T h r o u g h L i n e B e t w e e n C l e v e l a n d a n d
W h e e l i n g . — T h e contract between these companies announced
ov-r a year ago (V. 61. p. 153) for the operation of a joint line
between Cleveland and Wheeling has just been recorded in
theconnties along the line. The agreement is to continue in
force for 99 years from May 7, 1896, and provides that all
freight and passenger traffic from Cleveland and other points
on the Valley road north of Valley Junction to Wneeling and
interm diate points on the Wneeling road, and ail suob traffic
from Wheeling and intermediate points on the Wneeling road
b tween Wneeling and Valley Junction (including points on
the Steubenville branch) to Cleveland and intermediate
points on the Valley road shall be shipped over the
new line and shall be carried with promptness and dis
patch without discrimination, there to be no change
of cars for passenger service or break of bulk in loaded
cars tendered for transportation. The Valley road is
to furnish terminal facilities at a specified rate at Cleveland,
but the Wneeling road is at liberty, if it chooses, to establish
its own terminals. To prevent hostile interests from inter
fering with the through line, each party is given an easement
over all p irtions of the through li te not reapectiv sly owned
by it, to oe exercised ooly in case the agreement itself is not
fulfilled. Ia this latter event a rental will hi p iii for ths
privileges enj lyed. D spates as to rates, etc, are to be
settled by arbitration.— V. 63, p. 415,820. p____________
Trout Companies In New York and Brooklyn.— In the
July number of the I n v e s t o r s ' S u p p l b m r n t , sem out with
this issue of the Ca rokiclb . are published on pages 158, 159
and 161, the reports of the trust companies of New York and
Brooklyn as of June 80, 1896, D -camber 31, 1895, and June
30, 1895. The statements given below complete the list.
M ANU FACTU R E RS1 T R U 8T CO M PA N Y (BRO O KLYN).
Resources.
June 30, *96. Dee. 31. *95.
$230,321
8look Investments (market v a lu e )........
49*25,468
1,111,000
433,000
Amount loaned on c o lla t e r a l* ..................
27,025
216.354
A mount loam d on personal s r e u r ltle * ...
9,797
C »»h on hand ...........................................
| 525,3641
251,324
Cash on dr p o s i t .........................................
43,611
11.153
Other a m ts..............................................
T o t a l........................................................ *2,789,330
Liabilities.
Capital stock .................................................
*500,000
Surplus fund .................................................
503.000
Undivided profit*...........................................
30.914
Oeneral deposits, payable on demand..........
1,740,304
Other 11ibintles..............................................
18.121
*1,001.068
T o t a l..................... .................................. *2.789,339
Supplementary f o r ri r monlbs' business.
Total annual o f profits during 8 m onths....
** <4,601
lot. oredlted depositors daring same period
*1,911
expenses of Institution, same p - r lo d .........
‘ 14,053
Amount o f dividends declared, same period
*10,000
Amt. of deposits on which lnlereat Is allowed ‘ 1,740,304
B ite o f Interest .......................................*181 to 3>s p. o.
*1,001,068
*500.000
500.000
1,068
........ .
.......
*3,779
none.
1,116
none.
none.
none.
* For six months.
NASSAU
TRU ST CO M PA N Y (B R O O K LY N .)
Resources.
June 30,*96. Dee. 31, '95. June 30,’95
*184,619
Bonds and m ortgages..............
*481,319
«199,319
1.299,348
Htock Invpat'a (market valuel.. 1,329,789
1,380,990
918.300
1,110,986
Amount loaned on collaterals. 1,152.550
221.650
282,853
Am't loaned on pcra’l aecurlt's.
327,581
31,294
22.681
Cash on deposit........................{
27<,b34j
397,810
227.088
23,953
Other asset*............................
29,878
27(857
Total................................... *3.900,751
Liabilities.
*500,000
242,927
2,833,997
23,827
Capital stock...........................
Undivided profits...................
Deposits in trust.....................
Other liabilities......................
T ota l.................................. *3.000.751
Supplementary.
Tot. am't of profits during y'r.
*93,552
Int.credited dep's, same por'd.
32,999
Kxp o f Institution, same por'd
11,937
Amt.nt diva.deol'd. same per'd
15,000
Amt o f dep.on whichlnt.is ail’d 2,832,731
Rate o f Interest......—.............. 1># to 3 p. c.
*3,551,772
*3,376.974
* 500,000
228,787
2.800,524
16,401
* 500,000
214,620
2,648,658
13.69d
*3,551,772
*3,376.974
*138,071
*143.370
58,144
59.185
21,539
21,952
30.000
30,000
2.614,719
2,800.735
1to 3<*p. e. 1 to 3%p. s.
THE CHRONICLE.
156
C O T T O N ,
£hc Commercial jfftmes.
COMMERCIAL
EPITOME.
The action of the associated banks in exchanging part of
their holdings of gold for legal tenders so as to restore the
Treasury’s gold reserve, and the meeting of leading bankers
for the purpose of formulating a plan to prevent further
shipments of gold, have resulted in an improved feeling in
financial circles which naturally has had a favorable effect
upon commercial affairs, and in instances values have shown
an improvement. Trade, however, has continued quiet, as
merchants have evinced very little disposition to swerve
from their hand-to-mouth policy of operating. Advices on
the wheat crop have reported a less satisfactory condition,
but with thisexcepti >n crop prospects have continued favor
able.
For lard on the spot there has continued a very slow mar
ket and pric?s have steadily declined, closing flit at 3-57^c,
for prime Western,3'05d. for prime City and 3-SUc. for refined
for the Continent. Speculation in the local market for litd
futures has been at a standstill, but nominal prices have de
clined sharply in response to weaker advices from the West,
where there has been free selling for the account of tired
holders, and also by packers, closing easy.
D A IL Y C LO SIN G P R IO R S O P L A R D FU TU R E S .
S a t.
M on
3-72
T u ts.
W ed.
Ih u r.
3-67
3-57
3-65
N i g h t , July 24, 1896.
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 6,8 )8 bales,
against 3,896 bales last week and 4,437 bales the previous
week, making the total receipts since the 1st o f Sept., 1895,
5,2)5,399 bales, against 7,856,226 bales for the same period of
1894-5, showing a decrease since Sept. 1,1895, of 2,650,837 bales.
Fr
T
F r i d a y N io h t , July 24,1896.
September....................o. 3-82
fv o u u r n .
F rt.
he
.Mo v e m
Receipts atr—
July................ 10 85o. |Oct.................. 9-55o. I Jan. .............. 9-25o.
Ann................ 10-35o. Nov................. 9-45o. Feb................. 9-25o.
B ept........... ..10-00o. ! D e c ......... ....... 9-25o. 1M a rch ............ 9-20o.
The demand for raw sugars has continued quiet, but as
there has been no pressure to sell, p-ices Lave ruled steady,
closing at 3 5-163. for centrifugals, 96-degrees test, and 2^c.
for muscovado, 89 degrees test. Refined sugars have sold
si iwly and prices have declined
grauulated quitedat
4*jc. Teas and other stapli groceries have been iu limited
demand and steady.
The market for Kentucky tobacco has been quiet, but stocks
bare been limited and prices have held steady; sales 175
hhda. Seed leaf tobacco has been quiet and unchanged.
Sab s for the week were 900 cases as follows : 250 cases 1894
crop, Pennsylvania Havana, 18i.; 175 cases 1891 crop, Penn
sylvania seed. 13^c.; 400 cases 1894 crop, Zimmers. 12Vc
and 75 cases 1894 crop. Little Dutch, 10c.; also 1,200 bales’
Havana, 40c, to 90c., and 200 bales Sumatra, 60c. to $1 50 in
bond.
’
The market forS.raits tin has continued quiet, and as
stocks have been large and foreign advices have been weaker
Prices have declined slightly, closing easy at 13-40(813 4 5 - ’
Ingot copper bas been dull and prices have further declined
clo.-ing at 10-00@ll-15c. for Lake. Lead has been quiet and
slightly lower, closing easy at 2-9U@2-95c. for domestic.
Spelter has declined and the close was easy at 3-90@4:. for
donitidic. Pig iron has been quiet and unchanged at $10 25
@12 50 for domestic.
Refined petroleum has advanced, closing at 6-60c. ia bbls.
410c. in bulk and 7‘30c. in cases; crudiinbbl;. has been nom
inal ; naphtha easy at 7t^c. Cru le cer ificates have alsoadvanc*d, closing at $1 08j£ bid. Spirits turpentine has been
dull and weaker, closing easv at 24@24%c. R .gins have been
dull and easy at $1 60.i$l 62)£ for common and good strained
Wool has been dull and unchanged. Hops have been quiet
and barely steady.
^
C
id a y
rop,
7
102
5
......
......
. . .. . .
625
1
988
1
3
....
6
Brunsw’k, &e.
Charleston......
Pt. Royal, &c.
W ilm ington___
....
1
8
.....
West P oin t......
N ’port N., &c.
6
1
25
......
.....
7
1
2
18
3
2
. . .. . .
. . .. .
155
8
1
.......
136
103
4,490
10
....
82
253
15
.......
51
10
....
......
......
....
267
267
384
5
1,015
6,808
15
11
20
913
1
63
5
55
T j t ’ls this week
1,043
764
2,423
1,605
262
711
160
40
108
78
....
Baltim ore.......
Ph!'adelph’ a,&c
13
Total.
17
103
104
....
.....
159
F rt.
2
550
2,074
......
F lo rid a ............
Thurs.
Wed.
Tues.
Mon.
Sal.
Galveston.......
Tex. City, <fco.
New Orleans...
..
The following shows the week's total receipts, the total since
Sept. 1, 1895, and the stock to night, compared w ith last year.
3 60
A limited 'amount of business has been transacted in pork,
but at lower prices, closing at $7 50@$7 75 for old mess and
$7 75@$8 25 for new do., $9 50@$tl for family and $8 50@$10
for short clear. Cut meats have been irregular: pickled bel
lies have been in moderate request, and higher, but hams and
shoulders have declined, closingat 5@5^c. for pickled bellies,
12@10 lbs. average, 3V@4c, for pickled shoulders and
10c. for pickled hams. Beef has been quiet but steady, clos
ing at 86 50(387 for mess, $7@$8 for packet, $8@$9 for family
and $11@$12 for extra India mess. Beef hams have been
steady at $14 50@15. Large sales of tallow have been made for
export and tbe close was steady at 3 l-16c. Oleo-stearine has
been quiet and the close was easier, with sales at
Lard
stearine has been dull and quoted nominally at 4J^c. Cotton
seed oil bas declined, closing easy at 20c. for prime crude
and 23>£e. for prime yellow. Butter has been in moderate
demand and steady, closing at llj^@15c. for creamery.
Cheese has been moderately active and s’eady at 5J^@7c. for
State factory, full cream. Fresh eggs have have been in fair
request and firm at 12%@13c. for choice Western.
For coffee of Brazil growth there has been a weak market,
under free offerings from primal markets, closing at 12c. for
Rio No. 7. The demand for mild grades has been very lim
ited and prices have been easier, closing at 15@15^c. for
good Cucuta and 23%c. for standard Java. The contract
market has been fairly active, but at lower prices under gen
eral selling, prompted byalirge Brazilian crop movement,
closing easy.
The following were the final asking prices :
ent of th e
Stock.
Receipts to
July 24.
1895-96.
This Since Sep.
Week. 1, 1895.
1894-95.
This Since Sep.
Week. 1, 1894.
G alveston...
Tex. C.,&c.
New Orleans
M ob ile........
Florid a.......
Savannah ...
Br’ wick, &e
Charleston..
P.Royal,&o
Wilmington.
Wash’n,<fec.
N o rfo lk .......
West Point..
N ’p’t N., &c
New Y o rk ...
Boston.........
Baltim ore...
Philadel., &o.
136 927,199
103 112,928
4,496 1,756,238
10 195,893
33,753
253 752,393
116,232
51 280,151
77,513
10 170,941
767
78 337,579
143,639
26,474
267
53,147
334 126,656
5
43,858
45,033
1,015
105 1,652,561
74,001
3,157 2,573,473
12 238,324
7
25,402
160 911,459
152,809
33 427,538
8 160,796
22 234,465
928
159 470.000
33 288,184
50
42,983
137,107
608 165.995
126 119,112
254 153,089
92,171
6,200
6,311
5,076
12,173
233
2
185,691
4,000
10,7609,560
T o ta ls ......
G,8Q8 5,205,399
2,734 7,856.226
185.590
362,333
1896.
1895.
6,624
10,268
37,863
3,155
95,343
5,683
7,738
1,416
10,859
4,897
1,600
19,136
.....
2,987
4,046
4,081
50
In order that comparison may be made with other years, w e
give below the totals at leading ports for six seasons.
Receipts at—
1896.
1894
1895.
1893.
1892.
1891.
Galves’n &c,
New Orleans
M ob ile.......
Savannah...
Okas’ton, <feo
Wilm’ton,&c
N o rfo lk ......
W. Point, &c.
A.11 others...
239
4,496
10
253
51
10
78
267
1,404
105
1,157
12
160
41
22
159
83
995
406
2,024
19
339
355
24
275
224
255
227
4,141
221
1,274
45
26
920
250
3,101
622
1,899
50
552
289
16
403
144
2,004
290
2,268
153
1,493
264
44
782
479
1,557
Tot. this wk.
6,808
2,734
3,921
10,205
5,979
7,330
Slnoe Sept. 1 5205,399 7856,226 5907,419 5050,754 7096,427 6900,846
The exports for the wees ending this evening reach a total
of 28,511 bales, of whioh 15,5)1 were to Great Britain, 29
to France and 12,931 to the rest of the Continent. Below are
the exports for the week and since September 1, 1895.
E xports
fro m —
G a lv e s t o n .......
T e x . C ity , & c..
N e w O rle a n s ..
v o b lle & P e n .
S a va n n a h .......
B ru n sw ick .......
C h a rlesto n *1...
W ilm in g t o n ...
N o r f o lk ............
W e s t P o in t ....
N ’ p’ t N ew s, A c
N e w Y o r k .......
Week E nd ing J uly 21, 1896.
Exported to—
Great
B rit'n . France
...
4,559
From Sept 1, 1895, to July 24, 1896.
E xp orted to—
C onti T o t u
Great
nent. Week. B rita in . France
9,000
13,559
2,897
10,063
2,861
1,017
406
436,572 95,480
39,020
4,599
081,3 !2 305,747
89,063
35,386 26,399
50,381
98,144
40,053
1,770
36,715
9,930
14,629
357,190 29,772
Conti
nent.
TotaL
161,631
696,080
42,377
83,590
1,573,017
582,918
29,947
119.010
360,116
304,331
23,959
74,340
178,412
276,585
132,531
90,708
17,107
53,822
9,930
7,737
2,804
841
2j
15,501
29
12,981
28,511 2,223,813 405,785 1,814,625 1,554,253
0,109
T o t a l, 1894-95.
212
• In c lu d in g P o r t R o y a i.
3,619
9,940 3,415,902 771,629 2,487,232 6,074,761
B a ltim o r e ----P h lla d e lp ’ a.& c
T o t a l .............
076
40S
58,027
9,233
2,018
281,8S7
672,155
83,481
35,909
146,529
45,112
J C L Y
25
TH E
1 8 9 0 ,j
C H R O N IC L E
T he Sales and P rices op F utures at N ew York are
shown by the following comprehensive table.
In addition to above exports, our telegrams to-night also
give us the follow ing amounts o f cotton on shipboard, n ot
olaared, at the ports named. W e add similar figures for
Mew York, which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building.
a
1
A
3
g
OH SHIPBOARD , NOT CUT A a s p FOB—
J u l y 2 4 a t—
C re a l
B r i t a in .
O th e r ! C oast- !
F r a n c e . F o r e ig n
m is t. ;
7 ,1 08
681
N on e, | N on e. .
N on e, i N on e.
N on e.
N on e,
N o n e.
N on e.
N on e. !
200 i
5 ,0 0 0
N on e.
700
N on e.
N e w O r le a n s ...
G » l v e » t o n .........
S a v a n n a h .........
C h a r le s t o n . . . .
M o b i l e ..............
N o r f o l k ............
N e w Y o r k .......
O t h e r p o r t a ___
5,3 19
> o n e.
N on e.
N o r ©.
N on e.
N on e.
3,000
1,500
1,153
N o n e.
N o n e.
N ona.
N o n e.
N on e. !
250
N on e.
T o t a l 1 8 9 8 ...
11,319
1,103
13,108 ‘
T o t a l 1 8 9 5 ...
T o t a l 1 8 9 1 ...
3,953
7 ,5 23
50
1,550
3390
11,638
L e a v in g
S tock .
To tal.
11,564
N on e,
N on e,
N on e,
N on e.
200
10,250
2 ,2 0 0
384
1,852
3,1 87
1
j
i
I
]
j
i
;
23,293
8,621
7 ,7 38
10,859
3,1 55
3,881
81.921
20,399
27,211
1 5 8 ,378
9,7 15
2 6 ,9 8 3 .
352 ,588
2 1 8 ,8 9 7
Speculation in cotton fo r future delivery was quiet early
in the week and prices weakened slightly. Subsequently,
however, the trading became more active, although wholly
rofessicmal in character, and prices improved on a demand
rom shorts to cover contracts, stimulated in part by slightly
less favorable crop advices, but more particularly by the
better feeling in financial circles. Saturday prices lost 5 to
0 points on disappointing advices from Liverpool and the
C h r o n i c l e ' s generally favorable statement on the condition
o f the growing crop. Monday there was a very quiet m ar
ket aad changes in prices were unimportant. Tuesday the
trading was moderately active and prices improved 8 to
10 points on this crop and 4 to 6 points on the
next. The buying was principally
by “ shorts" to
cover contracts, stimulated by stronger advices from
the English markets, reports o f excessive moisture in the
South Atlantic States and needed rains in the G ulf
States. Another development that helped materially to
strengthen values was advices from financial circles report
ing an improved tone in consequence o f the action o f the as
sociated banks in exchanging a sufficient amount of their
holdings o f gold for legal tenders, to restore the Treasury gold
reserve. Wednesday the market opened at a decline o f li to
fi point-s, u nler disappointing advices from Liverpool, but
later in the day. on a report that a deal had been oonsumated
between large holders o f spot cotton and holders o f August
contracts, there was renewed buying by “ shorts" to cover
contracts and the early loss was more than recovered;
in support o f the above statement it was said that negotiations
were pending for the shipment to Europe o f considerable
o f the stock o f cotton in New York within the next three
weeks. Yesterday no changes o f importance were made in
values. To-dftv the market opened 3(§f> joints lower,in response
to easier foreign advices , then rallied and advanced 9@t0
points on a demand from " shorts ” to cover contracts, stimu
lated by less favorable crop account*from the South Atlantic
States. Toward the close, however, * here was selling to
realize profits, and part o f the improvement was lost.
Cotton on the spot has been quiet, but Thursday price*
were advanced 1-1tic To-day the market was dull and un
changed, middling uplands closing at 7 3-10o.
The total sales for forward delivery for the week are 737,200
bales. For immediate delivery the total sales foot up this week
10,112 bales, including 7,831 for export, 1,891 for consumption
— for speculation and 500 on contract. The following are
the official quotations fo r each day o f the past w eek July 18 to July 2i.
On the basis o f the rates on and off m iddling as established
by the Revision Committee, the prices for a fe w o f the
grades would be as follows :
f
UPLAND S.
S a t.
G o o d O r d in a r y ............................
L o w t o d d l i n g ....... . ...................
M id d lin g .......................................
G o o d M i d d l i n g ......... . ..............
M id d lin g F a i r . ...................... .
O IT H F .
N to o T o o , W e d
6 b}
0%
e\
i <i%
7**
7k
7 ' , * 1 7 1 },
8
8
S a t,
G ood O r d in a r y ............... ..
L o w M i d d l i n g ............................
t o d d l i n g .......................................
G o o d M id d lin g .............................
M id d lin g P a ir ............................
HH
&
61,
6k
7 1-.
6*8
0k
m
7“ ,«
8
M on Tuaaj W ed
8 A}
7
7%
7 > > ,»
8k
S T A IN E D ,
S a t.
L o w M id d lin g ...............................
t o d d l i n g . . . . ..............................
S tr ic t M i d d l i n g , . .......................
G o o d M id d lin g T i n g e d . . . .
5 T«
6k
57}
71,
«? **
7*e
0*,
7
7%
7 U ,«
8k
6%
7
7<k
3 Io n T n e >
W ed
S’ , j
0k
<p»33
7 ',
57,
o-k
83**3
7 0)
T it .
fd l
7>m
f i *
8 5 .,
6? l«
7 1 ,ft
7b,
7%
85 -
J
SH
613,8
63t, 3
515 „
018 ,.
6313a
7 *>-
SALES OF SPOT ASD COHTRACT.
8 » V d » y . S t e a d y ................
M o n d a y . D u l l ............. .
Tn<v>day
W e d M a y jfjBtfPl h i t e a r l y .
T b n r 'd ’ y
F r id a y . s t e a d y . . . . . . . . . .
_ T o ta l
...
E xp o rt.
0,125
1 ,5 60
Sa les o f
F u tu r e s .
Consum p. u F c tt
—
12 2
07
309
242
62
1,1 20
7,691
1,921
tr a c t.
T ota l.
*~ i
. . . 1 fl.2 17
10 0 1 ,7 3 3
200:
509
200:
442
... t
62
1 L120
60,000
82,000
130,200
134,100
184,000
134 ,300
...J
5 0 0 I1 0 . 1 1 2
7 3 7 ,2 0 0
;
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T it . | F i
M A R K E T AND SALES.
SPOT MARKET
clo sed.
I I
■to*-
8
F,
g f
m
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m
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* Include* dales In Septem ber, fo r Septem ber. 15,300; SeptemberO eteber, fo r O ctober, J I s.s i ; Septcm bor-N ovem ber,' for N o v e m b e r,
417,200; Septem ber-D ecem ber, f r D ecem ber, 1,097,200; Septem berJ a n u a r y ,f«r January. 11.113.100; S eptem ber-P eb rn icy, fo r Feb ru ary,
827,700; Septeinber-M.vrpli, fo r vtiron. 11,042,9 >>: S eptem ber-A pril,
fo r A pril, 8.17,300: Septem ber ,'Lsy, fo r May, 8,131,100; Septt-mberJune, fo r Juno, 1,221,100.
CgT For exchanges see page ISO,
T he V isible Su p p ly op Cotton to-night, as made up by cable
*»nd telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns
an i consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
Bgurea for to-night (July 24), we add the item o f exports from
the United States, including in it the exports of Friday only:
THE
158
C H R O N IC L E
1896.
1895
1894.
1893.
Stock at Liverpool ....b ales. 693,000 1,145.000 1,247,000 1,293,000
9,000
8,000
6,000
7,000
Stock at Loudon...... .............
Total Great Britain stock. 702,000 V,453.000 1,253,000 1,300,000
14.000
35.000
29.000
30,000
Stock at Hamburg................
155,000 255.000 142.000 129.000
Stock at Bremen...................
10.000
12.000
15.000
7,000
Steck at Amsterdam.............
300
200
200
•200
Stock at Kotterdatn..............
10,000
13.000
11.000
Stock at Antwerp..................
11,000
379.000
371.000
415.000
Stock at H avre......................
197,000
8,000
7,000
5,000
Stock at Marseilles...............
0,000
77.000 101.000
94.000
Stock at Barcelona...............
73,000
22,000
18.000
53.000
Stock at Genoa......................
50,000
31,000
34.000
35.000
Stock at Trieste.....................
40,000
710,300
712,200
912,200________________
Total Continental atOdka.. 569,200
Total European stocks— 1 71,200 2,365,200 1,905,200 2,010.300
India cotton alfoat for Europe
55,000
83,000
66,000
56,000
r. cot ton afloat for Europe
65,000
36,000
50,000
80,000
Egypt, Brazil. Ao., aflLfor E'pe
7,000
14,000
28,000
25,000
StocK In Uulted states ports .
185,590 362,333 245,780 290,825
Stock In U. 8. interior towns..
82,980
53,396
65,945
97,788
United States exports to-day.
4,163
253
25
6,297
Total visible supply......... 1,670,933 2,914.182 2,420,950 2,566,210
Of the above, totals of American and other descriptions are as follows:
__ __
J ju riea a—
Liverpool stock............bales
547,000 1,313,000 1,051,000 1,046,000
438,000 809.000 536,000 578,000
Continental stocks................
American afloat for Europe..
65,000
36,000
50,000
80,000
United States stock............... 185,590
362,333 215,780 290,825
United States interior stocks.
82,980
£3,396
65,945
97,788
United States exports to-day.
4,1 63 _______253
25
6,297
Total American...............1,322,733 2,573,982 1,948,750 2,098,910
East Indian, Brasil, dbc.—
Liverpool stock....................
146,000 132,000 196,000 247,000
London stock.........................
9,000
8,000
6,000
7,000
Continental stocks................
131,200 103,200 176,200 132,300
India afloat for Europe.........
55,000
83,000
66,000
56,000
Egypt, Brazil, Ac., afloat...... _
7,000
14,000
28,000
25,000
Total East India, A c .......
348,200 340,200 472,200 467,300
Total Am erican............... 1,322,733 2,573,982 1,948,750 2,098,910
Total visible supply........ 1,670,933 2,914,182 2,420,950 2,566,210
32532d. '
378d.
4isd.
Middling Upland, Liverpool..
Middling Upland, New York.
7:*ieh.
7c.
7c.
E gypt Good Brown, Liverpool
63ad.
613.gd.
4i5ifld.
5°|0d#
Peruv.Rough Good, Liverpool
6ied.
5&i6d.
5H16d.
6716d.
Broach Fine, Liverpool.........
3i932d.
32632d.
4d.
47lt d.
Tinnevelly Good, Liverpool..
3»lfcd.
3»16d.
3H16d.
45u d.
The imports into Continental ports the past week have
been 23,000 bales.
The above figures indicate a d e cre a s e in the cotton in sight
to-night of 1,243,249 bales as compared with the same date
of 1895, a falling off of 750,017 bales from the corresponding
date of 1894 and a decrease of 895,277 bales from 1893.
A t t h e I n t e r i o r T o w n s the movement—that is the receipts
for the week and since September 1, the shipments fo : the
week and the stocks to-night, and the same items for the
corresponding period of 1894-95—is set out in detail below.
ZW
Quotations for Middling Cotton at Other Markets.—
Below are dosing quotations of middling ootton at Southern
and other principal cotton markets for each day of the week.
CLOSING QUOTATIONS FOB M IDDLING COTTON ON—
Weekending ___________ __________________________________________ _
July 24.
Tues.
Wednes. Thurs.
F ri.
Salur.
Mon.
G alveston..
New Orleans
M ob ile........
Savannah...
Charleston..
Wilmington.
N o rfo lk ......
Boston........
Baltim ore. .
Philadelphia
Augusta......
Memphis___
St. Louis___
Houston___
Cincinnati..
Louisville...
61.6
6^
6%
03s
6^8
7
678
7%
7%
7'%
7
6%
O i'ie
638
7%
6%
6 ‘2
63s
6^8
6%
7
678
7*9
7h5
738
7
611,6
611,8
63g
7^
6%
6*8
6>a
638
6=8
6%
633
6*2
638
6^8
638
6%
6*2
63s
6^8
63s
63s
612
638
6=8
63g
07a
7%
7*8
73s
7
8 n le
e n 16
638
7*8
6%
67e
7%
7%
73a
7
611,6
611i6
63g
7
6*4
67s
7%
718
71,6
7
611,6
6 U ,6
63s
7
6%
6«3,e
73,6
718
71,6
7
611,8
611,8
63s
7
6%
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A tla n ta ...........
Charlotte.......
Columbus, Ga.
Columbus. Miss
6*3 1Eufaula...........
7
Little Kook___
618 |Montgomery...
57s 1N a sh v ille ........
614
63s
678
N atchez..........
R a le ig h ...........
Selma..............
Shreveport___
Week
Receipts at the Ports. St'k at Interior Towns. Rec’pts from PlanVns.
Ending—
1894.
June 19......
“ 26......
July 3......
“
10......
17.....
“
24......
1895.
1896.
1894.
1895.
1896.
12,069 15,514 14,669 92,347 71,898 113,648
12.806
6,223 10,825 85,585 07,870 102,908
10,119 3,795 5,224 70,386 64,721 98,249
5,910 5,866
4,487 76,577 58,762 93,908
3,812 2,676
3,896 73,105 56,304 87,925
3,021 2,734 6,808 65,945 53,390 82,980
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* Louisville figures " n et" in both years.
* This year's figures estimated.
I Last year's figures are for Newberry, S. 0.
7,449
85
565
146
1,863
1894-95.
Week.
Since
Sept. 1.
1,479
623
Via Louisville...........................
Via Cincinnati..........................
Via other routes, <feo.................
70
458
206
Total gross overland.............
Deduct shipments—
Overland to N. Y., Boston, &o..
Between in teiior towns............
Inland, &e., from South............
1,404
147
464
273,694
4,476
55,546
988
121
386
575,303
32,467
79,085
Total to he deducted.............
2,015
333,716
1,495
686,855
.a
03
Z?\L
:
• y»
m *
o »w : to co *-® ;
t - c o . U JW C5Q *
sMS
*
hipmHs
In is
week.
:
co
;
©
ft*:
oow © .
1890.
Shipped—
Via St. Louis.............................
Via Cairo...................................
Via Parker C ity........................
In Sight and Spinners’
Takings.
L ________________ ____________
1895.
4,434 11,257
6,044
2,195
3,920
649
3,101
340
218
550,811
244,818
19,791
1,681
138,221
120,728
92,287
2,836 1,168,337
2,180
425
63
75
294
936,009
336,654
35,379
3,817
189,373
177,930
151,557
3,037 1,830,719
1,542 1,143,864
The foregoing shows that the week’s net overland movement
this year has been 821 bales, against 1,542 bales for the
week in 1895, and that for the season to date the aggregate net
overland exhibits a falling off from a year ago of 309,243 bales.
£
® i*5®
Since
Sept. 1.
Leaving total net overland*..
821 834,621
* Including movement by rail to Canada.
aha
8?
w»
OT•
1894.
The above statement shows; 1.—That the total receipts
from the plantations since Sept. 1. 1895, are 5,255,679 bales; in
1894-95 were 7,852,287 bales; in 1893-94 were 5,897,198 bales.
2.—That although the reoeipts at the outports the past week
were 6,8' 8 bales, the actual movement from plantations was
only 1,863 bales, the balance being taken from the stocks at
the interior towns. Last year the reoeipts from the plantation s
for the week were — — bales and for 1894 they were
---- bales.
Overland Movement for the W eek and Since Sept. 1.—
We give below a statement showing the overland movement
foi ihi week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
'nonthly statements. The results for the week ending July 24
and since Sept. 1 in the last two years are as follows.
1895-96.
05.
6%
6ts
6
Receipts from the P lantations.—The following table
Indicates the actual movement each week from the plantations.
The figures do not inolude overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
fina-ly reaches the market through the outports.
July 24
a>;
LXI1I.
V iL ,
1895-96.
Week.
Since
Sept. 1.
1894-95.
Week.
Since
Sept. 1.
iiithern consumption to\ July 24
D©t. nvArlnnd t.f* J n lv 9Lt. ______ ...
6,808 5,205,399
821 834,621
13,000 855,000
2,734 7,856,226
1,512 1,143,864
10,000 720,000
Total m arketed.......... 1
terior stocks In excess..,.
20,629 6,895,020
*4,945
50,280
14,276 9,720,090
t3,939
*2,908
15,684
11,368
at ports to July 2 4 .......
Came Into sight during lWHBv
Total In sight July 2 4 ...I ...... '
6,945,300
North’n spinners tak’gs to Ju ,1y9a
8,066 1,596,951
* Decrease during week.
1 Less than Sept. 1.
9,716,151
12,358 2,052,55
The above totals show that the interior stocks have d e c re a s e d
during the week 4,945 bales and are now 29,584 bales m o re
It will be seen by the a q,0T6 that there has come into sight
than at same period last year. The receipts at all the towns during the week la,681
agajnst H,368 bales for the
have been 940 bales less than same week last year and since same week of 189a, arid tt iat the decrease in amount in sight
Sept. 1 are 2,007,346 bales less than for same time in 1894-95. | to-night as compared witrn last year is 2,770,851 bales.
Ju
ly
THE
25, 1896.]
W eather Reports By T elegraph.—The
S o u th d u rin g
C H R O N IC L E
w eath er at
th e
th e p a s t w e e k , as in d ic a t e d b y o u r t e le g r a p h ic
r e p o r t s th is e v e n i n g , h a s in t h e m a i n b e e n f a v o r a b l e .
T h ere
h a v e b e e n f u r t h e r r a i n s in m a n y d is t r ic t s o f T e x a s a n d th e
p la n t h a s b e n e f i t e d . A t a f e w p o in t s in t h e A t l a n t i c s e c t io n
t h e r e h a s b e e n to o m u c h m o i s t u r e , b u t in p o r t io n s o f A r k a n
sas a n d T e n n e s s e e r a i n is n e e d e d .
P i c k i n g is u n d e r w a y in
t h e e a r l i e r s e c t io n s o f T e x a s a n d a n u m b e r o f n e w b a le s h a v e
m a d e th ir a p p e a r a n c e th is w e e k in t h a t S t a t e a n d e ls e w h e r e .
Galveston, Texas.—Crops a r e w e l l w o r k e d a n d in g o o d c o n
d it io n .
S i m e p i c k i n g is in p r o g r e s s o v e r S o u t h w e s t e r n a n d
W estern T exas.
T h e r e h a s b e e n r a i n o n f o u r d a y s d u r i n g th e
w e e k , th e r a in fa ll r e a c h in g t w e n t v -fo u r h u n d re d th s o f a n
in c h .
A v e r a g e t h e r m o m e t e r 83, h i g h e s t 88 a n d l o w e s t 78.
Palestine, Texas.— W e h a v e h a d l i g h t r a i n o n o n e d a y o f
th e p a s t w e e k , t h e r a i n f a l l r e a c h i n g f o u r h u n d r e d t h s o f a n
in c h .
T h e t h e r m o m e t e r h a s a v e r a g e d 85, th e h ig h e s t b e in g
96 a n d t h e l o w e s t 74.
Huntsville, Texas.— I t h a s r a i n e d o n o n e d a y o f t h e w e e k ,
t h e p r e c ip it a t i o n b e i n g t e n h u n d r e d t h s o f a n in c h .
The th er
m o m e t e r h a s a v e r a g e d 84, r a n g i n g f r o m 71 t o 97.
Dallas, Texas.— D r y w e a t h e r h a s p r e v a i l e d a l l t h e w e e k .
R a i n w o u l d b e b e n e f i c ia l. T h e t h e r m o m e t e r h a s r a n g e d f r o m
68 to 100, a v e r a g i n g 84.
San Antonio, Texas.— T h e r e h a s b e e n r a i n o n t w o d a y s o f
th e w e e k , th e p re c ip it a tio n r e a d i n g fo u rt e e n h u n d r e d t h s o f
a n in c h .
A v e r a g e t h e r m o m e t e r 8 6 , h ig h e s t 99 a n d l o w e s t 72.
Luling, Texas.— B e n e f i c i a l r a i n o n f o u r d a y s o f t h e w e e k ,
th e r a in fa ll b e in g fo r t y -s e v e n h u n d r e d t h s o f a n in c h .
The
t h e r m o m e t e r h a s a v e r a g e d 8 6 , t h e h i g h e s t b e i n g 10 1 a n d th e
l o w e s t 72.
Columbia, Texas.— I t h a s r a i n e d o n o n e d a y o f t h e w e e k ,
t h e p r e c i p i t a t i o n r e a c h i n g f i v e h u n d r e d t h s o f a n in c h .
Tne
t h e r m o m e t e r h a s a v e r a g e d 82, r a n g i n g f r o m 72 to 91.
Cuero, Texas.— C o t t o n p r o s p e c t s a r e g o o d . P i c k i n g is p r o
g r e a s i n g a n d g i n n i n g lia s c o m m e n c e d .
T h e re h as been go o d
r a i n o a f o u r d a y s d u r i n g t h e w e e k , to t h e e x t e n t o f f o r t y e ig h t h u n d r e d t h * o f a n in c h .
T h e th e rm o m e te r h as r a n g e d
f r o m 74 to 96, a v e r a g i n g 85.
Brenham, 7 exas.—S h e d d i n g is r e p o r t e d . T h e r e h a s b e e n
r a in o n th re e d a y s o f th e w e e k , th e p re c ip it a tio n r e a c h in g
f o r t y - f o u r h u n d r e d t h s o f a n in c h .
A v e r a g e t h e r m o m e t e r 83,
h i g h e s t 98 a n d l o w e s t 74.
Temple, Texas.— R e c e n t r a i n s h a v e g r e a t l y b e n e f i t e d c o t
to n , a n d p ro sp e c ts f o r a n a v e r a g e c r o p a r e g o o d . D r y w e a t h e r
h a s p r e v a i l e d t h is w e e k .
T h e t h e r m o m e t e r h a s a v e r a g e d 85,
t h e h ig h e s t b e i n g 99 a n d t h e lo w e s t 71.
Fort Worth, Texas.— T h e w e a t h e r h a s b e e n d r y a ll th e
w e e k a n d r a i n w o u l d b e o f b e n e fit .
T h e th erm o m e ter has
a v e r a g e d 85, r a n g i n g f r o m 70 to 100.
Weatherfoni, Texas— W e h a v e h a d n o r a i n t h e p a s t w e e k .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 73 to 100, a v e r a g i n g 8 6 .
New Orleans. Louisiana.— R a i n h a s f a l l e n o n f iv e d » y s o f
t h e w e e k , to t h e e x t e n t o f t h i r t y - n i n e h u n d r e d t h s o f a n i n c h .
A v e r a g e t h e r m o m e t e r 83
Shreveport, Louisiana.— T h e r e h a s b e e n r a i n o n t w o d a y s o f
t h e w e e k , t h e p r e c ip it a t i o n r e a c h i n g t h ir t e e n h u n d r e d t h s o f
a n in c h .
T h e t h e r m o m e t e r h a s a v e r a g e d 85, t h e h i g h e s t b e i n g
98 a n d th e l o w e s t 74.
Columbus. Mississippi.— I t h a s r a i n e d o n f o u r d a y s o f th e
w e e k , t h e r a i n f a l l r e a c h i n g o n e in c h a n d t w e n t y n in e h u n
d redth s.
T h e t h e r m o m e t e r h a s a v e r a g e d 84, r a n g i n g f r o m
72 to 100.
Meriilian, Mississippi.— B l i g h t a n d r u s t a r e c la i m e d t o l>e
d a m a g i n g c o t t o n in s e v e r a l a d j a c e n t c u n t ie s a n d s h e d d i n g is
c o m p la in e d o f.
Leiand. Mississippi. — T e l e g r a m n o t r e c e iv e d .
V’icksburq, Mississippi. — T h e re h s s b e e n r a i n o n t w o d a y s
d u r in g th e w e e k , th e r a in fa ll re a c h in g fift y -o n e h u n d re d th s
o f a n in c h .
A v e r a g e t h e r m o m e t e r 84. h ig h e s t 95 a n d lo w e s t
72,
Little Rock, Arkansas.—
C r o p s a r e r e p o r t e d to h a v e s u s
ta in e d m u c h d a m a g e f r o m d r o u g h t .
T h - r e h a s b e e n n o r a in
d u r i n g t h e p a s t w e e k . T h e t h e r m o m e t e r lia s a v e r a g e d 8 6 , th e
h i g h e s t b e i n g 10U a n d t h e lo w e s t 72.
Helena, Arkansas.— l a o n l y a f e w lo c a lit ie s h a s t h e r e b e e n
e n o u g h r a in .
C o t t o n is s a id t o b e s h e d d i n g b a d l y .
W e have
h a d o n l y o n e l i g h t s p r i n k l e i .f r a i n d u r i o < t h e w e a k , t h e p r e
c ip ita tio n r e a c h in g o n e h u n d r e d t h o f a n in c h .
T h is h a s b e e n
th e h o t t e s t w e e k in m r r e c o r d . T h e t h e r m o m e t e r h a s a v e r
a g e d 84, r a n g i n g f r o m 72 to 97.
Memphis, Tennessee.—R a in h a s f a l l e n o n t h r e e d a y s
w e e k , th e r a in fa ll b e in g
h u n d r e d t h s o f a n in c h .
R a in
f a l l w a s p a r t i a l, b e i n g h e a v y i n s o m e s e c t io n s w h i l e in
m o i s t u r e is n e e d e d .
T h e th erm o m eter h as ra n g e d
t o 9 5 , a v e r a g i n g 82*3,
fifty
Nashville, Tennessee.—
of the
others
from 67'8
week
W e h a v e h a d r a i n d u r i n g th e
to t h e e x t e n t o f n in e t y - t h r e e h u n d r e d t h s o f a n in c h .
A v erage
t h e r m o m e t e r 77. h ig h e s t 92 a n d l o w e s t 62.
Mobile, Alabama.— C r o p r e p o r t s a r e fin e . I t h a s r a i n e d o n
f o u r d a y s o f t h e w e e k , th e r a i n f a l l b e i n g liv e i n c h e s a n d f i f t y
seven h u n d re d th *.
T h e t h e r m o m e t e r h a s a v e r a g e d 31. t h e
h ig h e s t b e i n g 90 a n d t h e lo w e s t 71.
Montgomery. Alabama.— T h e w e a t h e r h a s b e e n meetly dry
a n d v e r y h o t d u r i n g t h e w e e k , a n d c o t t o n is m a t u r i n g rapidly.
R a i n h a s f a l l e n o n o n e d a v o f th e Week, t h e r u n f i l l being
t w e n t y - s i x h u n d r e d t h s o f a n in c h .
T h e t h e r m ineter h u
a v e r a g e d 81. r a n g i a g f r o m 73 t o 89.
Selma. Alabama.— T e l e g r a m n o t r e c e i v e d .
Madison, Florida.— T h e c r o p is l o o k i n g b e t t e r . W e h a v e
r a in o n t w o d a y s o f t h e w e e k , t h e p r e c i p i t a t i o n r e a c h i n g
bad
159
sixty hundredths of aa inch. Average thermometer 88, high
est 96, lowest 80.
Columbus, Georgia.— T e l e g r a m
Savannah, Georgia.— R a i n h a s
n o t r e c e iv e d .
fa lle n o n th re e d a y s o f th e
w e e k , t h e r a i n f a l l r e a c h i n g f iv e h u n d r e d t h s o f a n i n c h .
The
t h e r m o m e t e r a v e r a g e d 83 a n d h a s r a n g e d f r o m 73 t o 94.
Augusta, Georgia. —W e h a v e h a l r a i n o n f i v e d a y s o f t h e
w e e k , to t h e e x t e n t o f o n e i n c h a n d n in e t y - t h r e e h u n d r e d t h s .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 71 to 94, a v e r a g i n g 81.
Charleston, South Carolina. — W e h a v e h a d r a i d o n f o u r
d a v s o f th e w e e k , th e p re c ip it a tio n b e in g o n e h u n d r e d t h o f a n
in c h .
A v e r a g e t h e r m o m e t e r 83, h i g h e s t 91 a n d l o w e s t 75.
Stateburg, South Carolina.— T h e r e h a s b e e n r a i n o n f iv e
d a y s o f th e w e e k , th e r a in f a ll r e a c h in g th re e in c h e s a n d
t w e n t y -o n e h u n d re d th s.
T h - t h e r m o m e t e r h a s a v e r a g e d 78,
t h e h ig h e s t b e i n g 88 a n d t h e l o w e s t 63.
Greenwood, South Carolina.— T h e w e e k 's r a i n f a l l h a s b e e n
t w e n t y - f i v e h u n d r e d t h s o f a n in c h , o n o n e d t v .
The th er
m o m e t e r h a s a v e r a g e d 76. r a n g i n g f r o m 69 to 84
Wilson, North Carolina. — I t h a s r a i n e d o n t h r e e d a y s o f
t h e w e e k , to t h e e x t e n t o f o n e i n c h a n d s e v e n :e e n h u n d r e d t h s .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 70 to 9 3 , a v e r i g i a g 81.
T h e f o l l o w i n g s t a t e m e n t w e h a v e a ls o r e o e i v e d b y t e l e g r a p h ,
s h o w in g th e h e ig h t o f th e r iv e r s a t th e p o in ts n a m e d a t
3 o ’c lo c k J u l y 2 1 , 1896, a n d J u l y 2 5 , 1895.
July 23. ’96. July 25. ’95.
Feet.
5-4
17-2
266
*06
19*8
.Sew Or lean*......
Memphis............
Nashville............
Shreveport.........
Vioksbur*...........
* Below zero o f irauce.
Feet.
50
7-3
3*6
26-8
16-8
I n d i a CorgroN M o v e m e n t F r o m a l l P o r t s . — T h e r e c e i p t s
a n d s h ip m e n ts o f c o t t o n a t B o m b a y h a v e b e e n a s f o l l o w s f o r
t h e w e e k a n d y e a r , b r i n g i n g t h e f i g u r e s d o w n t o J u l y 23.
SOM BAT
R S C R IP T S
AM D
Shipments this week.
A H IP M IN T S
POR
Great ! Contite a r Great Conti
BriCn nent, Total. B ritain nent.
TSARS
Receipts.
_ . ,
Total.
0,000 0,000 71.000 714.000
4.000 4.000 20.000 513.000
0.000 6.000 47.000 750.000
3.000 3,000 42.000 765.000
•95-0
•94 5
•93-4
•92-3
FOUR
Shipments since Sept. 1.
This
Week.
785.000
539.000
797,000
827.000
Since
Sept. 1.
12.000 2,107,000
9,000 1,490,000
8.000 1,767,000
7.000)1,715.000
A c c o rd in g to th e fo re g o in g B o m b a y a p p e a rs to s h o w
a n i n c r e a s e c o m p a r e d w i t h l a s t y e a r i n t h e w e e k 's r e c e i p t s o f
3,000 b a le s a n d a n increase i n s h i p m e n t s o f 2,001 b a le s , a n d
t h e s h i p m e n t s s i n c e S e p t . I s h o w a a increase o f 2 i 0 , 0 W b a le s .
The m o v em en t a t C U c u t t a , M ad ra s a n d o th e r In d ia p o rts fo r
t h e la s t r e p o r t e d w e e k a n d s i n c e t h e 1 s t o f S e p t e m b e r , f o r t w o
v e ara , h a s b e e n a s f o llo w s .
“ O t h e r p o rts > c o v e r C e y lo n ,
T u t io o r in . K u r m c h e e a n d C o c o n a d a .
Shipments since 8 cflt. 1.
Shipments f o r the week.
Great
Briiatn.
Conti
nent.
Calcutta—
189V96...
1894-95..
vtadrae—
1895-06. .
1894-95. .
All other*—
1895-96. .
1894-95...
2.000
2.000
3,000
Total a l l 189 5-96..
1894-95...
2,000
4,000
3,000
2,000
EXPORTS
Shipment*
to all Europe
from --
Total.
This
week.
83,000
28,000
•u.ooo
35.000
lo.o o o
7,000
9,000
10,000
19,000
17,000
2,000
5,000
19.000
20,000
92.000
85,000
111,000
111,000
4.000
.5fooo
40.000
40.000
184,000
123,000
224,000
163,000
B IT H O P S
PROM
■Vinee
Sept. 1.
A LL
IN D IA .
1803-94.
1894-95.
Since
8e.pt. 1.
This
week.
,
785.000
224.000
4.000
5.000
163,000
10.000 1,009,000
0,000
702,000
6.000
4,000
Total.
11,000
7,000
2.000
1895-96.
All other port*
T otal........
TO
Great
B rita in . Continent.
This 1 Since
week.
Sept. 1.
6.000
9.000
797.000
253,000
15,000 1,050,000
A l e x a n d r i a R e c e ip t s a n d S h i p m e n t s .— T h r o u g h a r r a n g e
m e n t s w e h a v e m a d e w i t h M e s s rs . D a v i e s , B e n a c h i & C o . , o f
L i v e r p o o l a n d A l e x a n d r i a , w e n o w r e o e iv e a w e e k l y c a b l e o f
th e n o v e m e n ts o f c o tto n a t A le x a n d r ia , E g y p t. T h e f o llo w in g
a r e th e re c e ip ts a n d s h ip m e n t s f o r t h e p a s t w e e k a n d f o r tn e
■ o r r e e p o n d in g w e e k o f t h e p r e v i o u s t w o y e a r s .
Alexandria. Kgypt,
July 22.
Receipt* ican ter**)....
Thin we*'h................
HInce Sept. 1 ............
180 5-90 .
13 9 4 -9 5 .
18 9 3-9 4 .
5,20 5,0 0 0
4 ,5 38 .0 0 0
1,0 00
4 ,9 76 ,0 0 0
This
Since
week. Sept. 1.
This ; Since
week. Sept. 1.
1.0 00 332.000
1.000 32*.#,000
1,0 00 273,0 00
..........,343,0 00
0,000 320,000
4,000 300,000
2,0001661.000
1,000 616 ,0 0 0
10,000 020,000
This
Since
week. Sept. 1.
Kxporta (bale*) —
To Liverpool . ......
To Continent!........
Total Europe
A «in iD »r
xrn iiijuimn.
„_
.„
I OI willed to Aiuerlc* in 1895 90,58,794 bales; la 1894-95, 43,200
bales: to 1893-94. 21.410 bales.
T h is s t a t e m e n t s h o w s t h a t th e r e c e ip ts f o r t h e w e e k e n d i n g
J u l y 22 w e r e ------- c a n t a r s a n i t h e s h i p m e n t s to a l l E u r o p e
2,000 b a le s .
TH E
160
C H R O N IC L E .
M a n c h e s t e r M a r k e t . —Oar r^uortreceived by cable to-nigh
from Manchester states that the market is a c t i v e for both
yarns and shirting*, in c o n s e q u e n c e of A m e r i c a n n e w s . We
give the prices for to-day below and leave those for previous
weeks of this and last year for comparison:
__
1890.
„„
„
,8V* It*. SAfrl-ICoK’ n
3 2 * Cop. \{ng t
rw**'-
<1.
d.
J*e 1U o q » ~ q
•• 20 0310®7‘«
July :i
*• 10 e b a y 's
41 17
•« *J4 0' 0®0'6i«
com m on' Mid.
to f in e s t .
I U p ld t
I
8. (L
4 4
4 4
4 4
4 4
4 3
4 3
1895.
|
8.
<f« 88.
90 8 'a
90 88i
90 s q
90 7
90 7
0.
3 i»„
3a»s
4
4
„ 81* lbs. Skirt- Oott'n
3 - * pop. i tig ft, common M id.
TJpldf
to finest.
T w U t*
IT
5%
5*10
559
5>a
(1.
31038
®0'4
a 0*4
a s 1!
5 <n aeq
Ja532
s.
4
4
4
4
4
4
(1. s.
2 *a»0
2^90
2>«a0
2 ®6
2 a>6
l>sa6
A.
3
3
3
2q
2q
2
a.
3“ 10
3*8
5'j-'32
311,0
3Hl0
[V O L ,
L X iII.
EXPORTS OF PIEOR GOODS AND YARNS TO PRINCIPAL OOONTRIE8 IN
JUNE, AND FROM OCTOBER 1 TO JUNE 30.______________
Piece Goods—Yards.
(OOOs omitted.)
1894.
1895.
108.780
52,538
Turkey, E gypt and A fric a...
47.941
Europe (ex cep t T u r k e y )....... 1P,«05
58.820
20.521
All o th er co u n tries............... 37,833
T o ta l v a lu e ......................
Oct 1 to June 30.
June.
1890.
131,714
54.031
42.019
13,405
53,035
23.739
29,405
1893-94.
1894 95.
1895-90.
171,043 1,000,331 1,681,771 1,923,037
«2,715 480.040 617,1.30 500,440
40,225 523,882 300,523 380,000
24,330 219,922 200,789 231,273
40.859 498,902 440.577 352,687
19.930 220,329 243.796 200,900
29,075 23V,84 7 255,252 247,709
430.057 350,008 403.7*3 3,830,856 3,8 )5.838 3.902,214
£4,271 £3,312 £3,803 £37,279 £34,021 £38,153
Yarns—Lbs.
(000s omitted.)
G erm any................................
Oth. Europe (except T u rk ey)
Bast In d ie s .............................
China and Japan ...................
Tu rkey and E g y p t................
A ll o th er cou ntries................
2,783
3,820
3,571
4,788
2,919
2,249
1,247
2,271
3,507
4,170
3,283
1,810
1.773
1.033
4,083
2,731
3.427
2,508
2,044
2,853
1,056
25,101
35,130
38,348
37,440
24.401
14,855
11,984
20,541
35,031
40,790
37,500
19,362
20,130
12,879
34,731
22,4*5
29,839
30,088
20,872
21.572
8,677
Sea I s l a n d C o t t o n M o v e m e n t . — We have received tb!e
Friday) evening by telegraph from the various ports th
T o ta l lb s ........................... 21,418 17,852 18,701 158,019 192,839 108,864
letails of the Sea Island cotton movement for the week. The
£747
£7,447
£7,114
£805
£056
£0.905
T o ta l v a lu e ......................
receipts for the week ending to-night (July 24) and since
Exchanges.—The following exchanges have been made
Sept. 1, 1895, the stocks to-night, and the same items for the
during the week:
oorresoonding periods of 1894-95, are as follows.
Receipts to July 24.
Slock
1894-95.
1895-90.
This
This
Since
Since
week. Sept. 1. week. Sept. 1. 1896.
Savannah......................
Galveston. A c ................
Florida. A c ....................
04,254 2,292
549
5,359
4 77,190
10,556
4,783
361
24
79
.... 5,139 491
4 92,529
Total.........................
... 74,752 3,332 464
The exports for cbe weekending this evening reach a tofca
of — bales, of which — bales were to Great Britain, —
to France and — to Reval, and the amount forwarded 10
Northern mills has been 10 bales. Below are the exports
for the week and since September 1 in 1895-96 and 1894-95.
Exports
fro m —
....
1895.
Week Ending July 24. Since Sept. 1, 1895.
North'n M ill
Great Fr'nce
Great Fr'nce
Total. B rit'n.
Total.
B rit'n. •£c.
die.
Sind
Week. SeptA
S’ vaniTh, Ao
Chari’t'n, Ac
Florida, Ac.
New York..
Boston.......
Baltimore ..
11,648
2,961
T o ta l.......
10 34,790
1,682
3,608
16,15*1 4,78 9 20,940
7,783
7,783
3,717
13 3,730
.....
Total 1894-5
2,376 14,024
64 3,025
....... 42,260 7,242 49,502
10 40,080
3 35.011 5,650 40,661
1 34,913
3
A considerable portion of the Sea Island cotton shipped 10
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations July 24 at Savannah, for Floridas, nominal.
Charleston, Carolinas, nominal.
Exports o p Cotton Goods prom Great B ritain.—Below
we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of June and since October 1 in
1895-96 and 1891-95, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.
YamAThread.
Cloth.
lotai of All.
OOOs omitted.
1805-06 1804-05 1895-90
Lbs.
Lbs.
Ootobor......
24.878 24,07S
N o vem b er... 28,701 22.934
10.803 21,2*4
D ecem ber..
Yds.
442,8-17
418.837
410,309
1894-95 1895-90 1894-95 1895-90
Yds.
Lbs.
Lbs.
485.50 85.291 01,444
448,142 80,007 81,390
433.048 79,01fi 81.005
Lbs
1894-95
Lbs.
110,100
101,43
98.90
115,517
107,330
108.949
T o t. 1st qaar
08,635 08,201 1,271,950 1,307,353 244,974 257,505
313,50!
325,790
J a n a a ry ___
F eb ru a ry ...
M a rc h .......
22,000 25,032 437,480
21,421 21,597 i 453,009
23,04)- 24,840 441.944
100,82"
103,538
108,939
114.042
98,770
104,840
T o t. 3d qnar
08,000 71,488 '1.839,433 1,280.880 250,83* 210,703
384.804
318.252
T o ta l 6 mos
130,001 139,784►
12.004.880 2,048,239 501,212 604,208
28.400 84,042 401.397 402,038 77,392 77,431
21,750 25,13
389.010 399,493 74.811 70,911
83.07m 19.740 430,057 356.008 83,857 08,597
037.81:-
044.048
100,0996.507
107.53Ji
101,473
102.077
88,337
Tot, 3d qaar 08,840 08,918 1.220.470 1.157.59-t 235.900 222.909
T o ta l B mod. 206,411 208.098 3.830.850 3.805,838 737,172 727,237
304 80f
291.887
942,61
935.935
A p ril..........
M a y ...........
J a n e..........
405,104 84,181 89,590
400,097 87,11" 77,173
415,025 84,990 80,000
Stockings and socks
Bandry articles ....................
lo ta i exports or cotton m anufactures.......
13.72i
880
16.921
902,178
953.730
... The foregoing shows that there has been exported from the
United Kingdom during the nine months 962,178 000 lbs
of minufacture 1 cotton, sgainst 953,7)6.000 lbs. last year >r
an increase of 8,412.000 lbs.
7 ’
A further matter of interest is the destination of thss<
exports, and we have therefore prepared the followine
statements, showing the amounts taken by the princinal
oomitries during June and since October i in each of th(
last three years: ' ~~
Even 500 Oct. for Sept.
500 Deo. for Oct.
600 Deo. for Sept. •53 pd. to exoh. LOO Sept, for Aug.
Eyeu 203 July for Aug.
800 Deo. for Jan.
500 Dec. for Aug. *01 pd. to exoh. 1,100 Jan. for Sep.
01 pd. to exoh. 600 Oot. for Sept.
2 »0 Oot. for Aug.
200 Sept, for Aug. •03 pd. to exoh. 300 Oct. for Sept.
300 July fo r Aug.
J ute Butts, Bagging, & c .— The market for juts bagging
04 pd. to exoh.
*04 pd. to exch.
*03 pd. to exoh.
*60 pd. to exch.
*55 pd. to exch.
*54 pd. to exoh.
0L pd. to exoh.
has been active the past week, but prices have undergone no
change. The quotations this evening are 4 % a. for 1 % lbs.,
5Ujc. for 2 lbs. and 5%c. for standard grades in a jobbing
way. Car-load lots of standard brands are quoted at 4j£c.
for l%lbs.,
for 2 lb3. and 5%c. for 24^ lbs. f. o. b. at
Now York. Jute butts continue quite dull on the spot at
1 l-16@14£c. for paper quality and l % ( Z i l % c . for mixing.
New Mississippi Cotton.—The firat bale of new cotton
raised in Mississippi was received at New Orleans on Thurs
day, July 23. Last year the first bale reached New Orleans
on August 24, or one month later. In 1894 the first bale
reached New Orleans on August 16 and in 1893 on August
15. In 1893 the first new Mississippi bale made its appearacne at Meridian on Aug. 19.
Louisiana’s First B ale.—The first bale of new cotton
raised in Louisiana was received at New Orleans on Thursday,
July 23. Last year the earliest arrival was on August 12.
W aco, Tex ., First Bale.—The first bale of Central Texas
cotton of the crop of 1896-97 was received at Waco on Thurs
day, July 23, and was disposed of at auction at
cents per
pound.
Domestic Exports of Cotton Manufactures.—Through
the courtesy of Mr. W. C. Ford, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for May and for
the eleven months ended May 31, 1896, with like figures for
the corresponding periods of the previous year, and give
them below:
Quantities of Manufactures of Cot Month ending May 31. 11 mos. ending May 31.
ton (colored and uncolored)
exported to—
1890.
1895.
1895 96.
1891-95.
U nited K in g d o m .................... yard?
G e r m a n y ..................................
'*
France........................................
“
Other countries in E u ro p e ....
“
British N o rth A m e r ic a .........
**
M ex ico .......................................
"
Central A m erica n States and
British H ondu ras..................
**
Cuba...........................................
"
Pu erto R ic o ..............................
“
Santo D om in go.........................
“
Other W est In d ies...................
“
Argentine R ep u b lic..................
“
Brazil ........................................
“
United 8tates o f C o lo m b ia ...
“
Other countries in S. A m erio a
“
China.......................................... “
Brit. Posses’ns in A u stra la sia
'*
British In dia and East In dies
“
Other countries in A s ia and
Oceanica.................................
“
A fr ic a ........................................
“
Other cou ntries.......... .............
"
T o ta l yards o f a b o v e ......
T o ta l va lu es o f a b o v e ............
Falue per y a r d ...............................
550,379
43,200
45,285
2,065,527
909,000
1,243,103
130,406
0,885,671
1,953,937
154,950
07,561
1.157,2 ->9
133,812 17,143,050
846.552
6,746,958
0,772.920
2,042.384
1,292
451,818
5,823,882
5,881,420
10,794,445
217,324
446,772
1,952,514
12,170.524
2,>*24,580
11,530,873
0,008,135
25,024,190
57,415,319
734,655
2,174,430
12,474,953
201,034
203.074
1.377,870
12,812,939
1,770,191
21,790,895
4.797,975
20,02*,589
30.405,681
507,845
5,559,820
092,878
0,500
51,540
145,062
869,200
132,920
89 ' .541
6*9,902
2,382,090
8,727,810
53,8 H
31,240
l,054,93o
14,580
1.004
91,563
1,133,819
80,425
976,b»y
441,378
1,685,143
5,444,582
88,045
310,200
911,225
1,788,980
790,503
3,938,553
4,901,03? 11,700,572
904,925 12,545,493
8.103,419
7,832,295 11,395,250
21,793,331
18,593,7*2 191,912,015 107,703,823
$1,222,389
1-0501
f9 74,258 $11,175,043 $9,578,890
$*0524
$'0582
$’0571
Values o f other Manufactures of
Cotton exported to—
United K in g d o m ............................
Germ any.........................................
F ra n ce.............. .............................
Other countries in E urope..........
British N o rth A m erica ..................
M exico............................................
Central A m erican States & Britlsl
H onduras.....................................
Cuba.................................................
Pu erto R ic o .....................................
Santo D om in go...............................
Other W e s t In d ie s ................... .
A rgentin e Rep ub lic......................
Brazil.......... ....................................
United States o f C olom bia..........
Other countries In So. A m e r ic a ...
China................................................
British A u stralasia.........................
British India and E ast In dies......
Other countries in A sia ano
Oceanica.......................................
Africa...... ..............................
Other cou n tries..............................
T o ta l valu e o f o th er manufac
tares o f ......................................
A ggregate value o f all cotton goods
129,004
7,154
720
10,021
135,009
24,581
157,930
27,277
1,539
3,244
314,021
14,909
$348,711
155,783
1*,4»8
51,040
1,635,041
295,095
$232,422
185,730
8,015
44,909
1,500,400
141,010
11.505
3,653
84
2,408
7,913
4.727
0,10k
3,74*
0.22'
30.305
5,598
721
22,140
3,661
201
273
9,452
109,099
34,034
5,370
8,303
82,107
36,0*0
65,255
29,430
51.942
165,572
107,913
4,381
147,537
41,902
4,008
0,604
08,613
14.442
102,808
32.450
51.997
12,009
80,960
1,590
250,013
43,923
14,093
195,137
13,023
22,390
27,033
1,053
2,12"
3,97v
2,929
2,97 i
733
12,797
17.919
1,844
3,402
1320,290
1501,373 $3,566,501 $2,908,028
11,542,079 $1,475,031 $14,741,009 $12,547,52
TH R
J C L Y 35, 1896.1
C H R O N IC L E
V ic k s b u r g , F ir s t B a l e . — T h e fir s t b a l e o f c o t t o n o f t h e
c r o p o f 1396 97 r - c i v e d a t V i c k s b u r g a r r i v e d t h e r e o n W e d le s d a y , J u l y 23.
L a s t y e a r th e fir s t b a l e a r r i v e d a t V i c k s b u r g
o n 'A u g . 30 a n d i n 1391 t h e e a r li e s t a r r i v a l w a s o n A u g . 13.
T h e E x p o r t s o f C o t t o n f r o m N e w Y o r k th is w e e k s h s w an
in c r e a s e c > m o a r e d w i t h l a s t w e e k , t h e t o t a l r e a c h i n g 10,663
b a le s , a g a i n s t 6 ,1 2 ) b a l e s l a s t w e e k .
B e lo w w a g iv e ou r
u > a *l ta b le , s h o w i n g th e e x p o r t s o f c o t t o n f r o m N e w Y o r k ,
a a d t h e l i r e c t i o i , f o r e a c h o f th -» l a s t f o u r w e e k s ; a l s o th e
t i t a l e x p o r t s a n d i i r e c t i o n s i n c e S e p t . 1 , 1395, a n d i n t h e l a s t
c »lu m n th e t o t a l f o r th e s a m e p e r io d o f th e p r e v io u s y e a r .
BXPORTSOFOOITOMIBALBS) FROM MBW TORS SINOS SBPT. 1, 1895.
W eek & n d in g —
E x p o rted
to —
J u ly
J u ly
3
10
141 2,312
310 2.996
951
5,328
H avre ......... .........
Other French ports..
70)
........
100
......
T o t a l F re n c h . .. .
700
100
L iv e rp o o l.................
Other British ports .
T o t . to Ot . B r it ’ s .
T o ta l
# in e e
S e p t. 1
J u ly
24.
Ji 1 y
. i
Sam e
p e r io d
p r e v io u
yea-
MliLUplMs.
3 * 7 .( 3
33 733
3 '* 1 8
3>Ha
3 **j .
........
29
......
29,572
200
33,712
975
8al©8.........
Bpeo. A exp.
8,000
500
8,000
1,500
7,000
500
8,000
500
8,000
500
29,772
40,687
110,029
34,64s
.56.770
57,618
60,432
74.203
Futures.
Market. {
1:45 p. M. (
2.370
201,455
192.253
Italy, A c ........
AH o th er..................
2,016
........
2.309 3,110
........ ........
527
........
80.610
2.8 22
99.216
■‘30
2.040 2.309 3.110
5*7
83.412
100.17*;
6 1 !9 10.863
672,155
795.813
5 992 7.851
8h ip p in o N e w s .— T h e e x p o rts o f c o tto n
fro m th e U n ite d
8 t a t e s t h e p a s t w e e k , a s p e r l-itest mail r e t u r n s , h a v e r e a c h e d
91,113 b a le s .
S o fa r as th e S o u th e rn p o rts a re c o n c e rn e d th ese
a r e t h e s a m e e x p o r t s r e p o r t e d b y t e l e g r a p h a n l p u b l i s h e d in
th e C h r o n ic l e la s t F r id a y .
W ith re ga rd to N e w Y o r k w e
i n c l u d e t h e m a n i f e s t s o f a ft v e s s e ls c l e a r e d u p t o T h u r s d a y .
T o ta l b a te *.
N rw Y o k x —T o Liverpool, per ■teamen Georgle, 5,782 upland
an d 49 E g y p t ia n ..................................................... ............................
T o H a il, p e r s te a m e r B u ffa lo , 1 ,9 0 6
...........................................
T o H a v re , p e r • t e a m e n L a N o rm a n d ie . 29 ..W e s t In d ia n .
29 ...................................................................................................................
T o B r e m e n , p er •te a m e ra H a lle . l,2 b U __ W eim ar, 1 .0 0 1 . . .
To U u n b a r * . p e r s te a m e r P e r s ia , 1 0 > . . . . ....................................
T o G e n o a , p e r «tea n e r O a llfo rn ia , 5 3 7 ........................... ...
N e w O r l e a n s — r> L iv e r p o o l, p e r s te a m e r s E te o trle la n . 2 ,1 1 2
E n g in e e r , 3 ,3 5 0 ....................................................................................
T o H a m b u rg , p er s te a m e r H e lv e tia . 3 6 ) . ................ ................
T o O p o rto , p e r s te s m e r D m a M arla. 20 t.................. . ................
MOBILE— T o L iv e rp o o l, p e r s te a m e r D d m a d r , 6 9 .............. ........ . .
B ra ro B —T o L iv e rp o o l, p e r s te a m e r s O s t r l a u , 1 . 1 7 4 __ G a llia ,
2 1 ---- S ie h e m , 7 2 1 . . . S y l v a n l s , 500 .......................
B a l t i m o r e —To L iv e rp o o l, p e r s te a m e r U la te rm u re , 2 6 2 ____ _
T o B re m e n , p e r s te a m e r N eo k ar, 4 7 5 . . . . ....................................
T o A n tw e r p , p e * s t e a m e r B e lg ia n K lo g , 5 0 0 .......... ............ .
5 ,8 3 1
1,906
59
2 ,2 7 0
100
52
5 .4 6 2
3»8
3 0
6J
2 ,4 1 9
262
475
500
l ............ ..................
. . . .................. .........................................
. . .............. ........... ........................ .................
2
0 .4 1 8
.
20.418
T o t a l.......—
in o u r u
u ss u
u aa ll
T h e p a r t ic u la r s o f th e se s h ip n e a t s , a r r a n g e d
fo r m , a r e a s fo llo w s .
LiverHew York.
N. Orleans.
Mobile- ....
Boston----Baltimore..
P --o i
Hu'l.
5.811 1,906
5.462
69 __. ..
2,419
282 .......
T o t a l___ 14,043
1.9 01
B rem en
H in t-
2.270
burg.
10 »
368
475
........
29 2.745
468
Ila r r e .
29
_____
Anl-
O o o rto
J
Genoa
517
_M
200
........
........
.500 ........
10.043
0.030
69
2.119
1,337
500
2 3,418
neerp.
727
Tnta<
B e l o w w e a i l t h e c l e a r a n c e * t h i s w e e k o f v e s s e ls c a r r y i n g
c o tto n fro m U n it e d S ta te s p o rts, b r in g in g o n r d a t a d o w n to
t h e la t e s t d a t e s :
N ow O r l e a n s - T o L'veroool Ju’ y 17 -Steamer C abin. 4,559.
To Antwerp—July 23 -9t«Anier C » f o Rom mo, 1.05 J.
To Barcelona—Julv 21 St-amer Juui Kurgee. 4,150 ...J u 'y 2 2 Steamer Good > Wllfredo, 3.80 1.
B obt j* —r . Liverpool—J i y 17-steam er Perouta. 87 . ..r u ’y 2 ) —
St amor Sagamore, 691 ___July •1 -a teu n er Armenlaa. t . > J8 .
B a l t i m o r e — T o Liverpool —July 22—8 t e a r n e r Tem plem on, 34 .
To Bremen—July 23 —Steamer Asoben. 676.
8 as P ram ;isoo —To Japan—Jo y 11— ite im e rC .ty of Pektag. 409.
C o tt o n fr e ig h t * th e p a st w e e k h a v e b e en a s fo llo w s .
S a tu r.
M em .
Tuesday. WefVday. Thursd’y. Friday.
462,697
1,757
T o t a l ___
Saturday Monday.
Spot.
357,498
114
lu e s .
W ednej
j
Thun.
rr.
Liverpool...........d .
**2
>n
Ha
Ha
Do
...........d .
....
... !
...
Havre, asked___e. 2 2 %l
2 2 %»
22 %♦
32%)
22V
22 %•
D u n k irk ............ r.
Brmi»»m.............. <r.
18)
181
181 ; 1 st
181
181
Do ...... * . . . e .
....
... 1 ....
...
Ham burg...........c.
22t
22»
22)
22'
: 2*1
221
Do
........... e.
....
. . . . 1 .... ! ....
....
Ams'iUm. asked e .
25)
251
251
25) 1 25)
25i
Revat, v. Hatnb.r.
3H
34)
341
311
34)
34*
Do v. Hull .<1.
31)
32*
32)
321 11 321
32)
Barcelona.......... d .
aw.
Q *n o a .... . . . . d .
» « < * » „ “ aI 3 3 2S
8s4®Ha
Trieste. July 25. d .
Hi
Hi
*J»3
‘ AH 1 Ha
Antwerp. . . ...... 4.
>4. ! H *
Hi
! Hi
Hi
Ghent.r. Antw'p.R.
H
H
H
% 1
%
I Oenta net per 100 lbs.
L i v e r p o o l , —B y c a b le fr o m L iv e r p o o l w e h a v j th e f o llo w in g
s t a t e m e n t o f t h e w e e k s s a le s , stock s. A c . , a t t h a t p o rt.
44,000
1,900
900
39,000
7,000
53,000
693.000
547,000
14,000
7,000
37,000
28,000
T h e to n e o f th e L iv e rp o o l m a rk e t fo r sp o ts a n d fu tu re s e a c h
d a y o f t h e w e e k e n d i n g J u l y 21 a u d t h e d a i l y c l o s i n g p r i c e s
o f sp o t c o tto n , h a v e b e e n a s fo llo w s .
7,737
114
July 24.
63,000
2,200
1,400
57.000
5,000
62,000
739,000
591.000
13.000
6.000
27,000
17.000
1,262
1.393
r a n d
July 17
78,000
3,200
700
71,000
6.000
65,000
793,000
645,000
18.000
16,000
27,000
15,000
1,262
2.295
G
July 10
56,000
1,400
200
52,000
9.000
60,000
846.000
693,000
*26.000
17,000
35.000
23,000
253,476
104 0 2 J
T o t . to N o .E c ro pe
T o t a l Bp a im , A c ..
Sales o f the w e e k ......... bales.
Of which exporters took___
Of which speculators took..
Sales Am erican....... ..............
Actual exp ort.........................
Forwarded..............................
Total stock—Estimated.........
Of which American—Estim’d
Total import o f the week.......
Of which American.............
Amount afloat........................
Of whioh Am erican.............
5.831
1,906
Hamburg..................
Other port#...............
S p a in ,
Tuly 3
335,378
127,319
23
....... |
1,047 2,270
1"0
710
902
16 I
Market, (
1:45 p. m . (
Q u ie t.
F irm .
S t e a d y at S te a d y at
p a r t ia lly
1 -4 4 d e
1 -4 4 a < lv .
c lin e .
Market, (
4 P. M. |
Q u ie t.
M o -le r a t e
dem and.
Q u ie t.
Q u ie t at
p a r t ia lly
1 -6 4 d e c .
Q u ie t.
F irm e r.
B r ’ly s t 'd y S t e a d y a t
a t p a r t l l y 2 -6 4
.t-64
1 -4 4 a d v .
advance.
R a r e ly
stea d y .
S tead y.
Q u ie t.
3353 l
7,000
500
Q u ie t at
p a r t ia lly
1 -6 4 d e c .
Q u ie t.
F irm .
The p rices o f f u t u r e s a t L i v e r p o o l f o r e a c h d a y a r e g i v e n
b )lo w .
P r i c e s a r e >n t h e n a r i s o f U p l a n d s , L o w M i d d l i n g
c la u s e , uale-w o t h e r w i s e « t a * e d .
S a tu r .
J u t* 19 to
July 24. I2>s 1
p.
J u ly ..........
July-All* .
A a*.-Sept...
Sept-O ct...
Oot--Nov ...
H ov.-D ec.Dee.-Jan...
Jan. Feb ...
Feb-Maroh..
Moll. April
April-M ay..
Mur-Jane .
m
. p.
~d~
3 47
3 45
3 38
3 31
3 29
3 28
3 27
3 28
i 28
3 30
3 30
m
~d7
3 44
3 43
3 37
3 30
3 27
3 26
3 26
3 26
3 27
3 29
3 30
SI o n .
1:45
4
A.
d.
T
u
W ed.
.
m
T lin r a .
P r l.
1 :4 5
4
1 :4 5 1
4
1 :4 5
4
1 :4 5
4
p . M . P . M. P . M . P . M. P . M . P . M . P . M . P . M . P . M . | P . M .
d.
3 46 3 41 3
3 44 3 43 3
3 39 3 37 3
3 32 3 31 3
3 28 3 29 3
3 27,3 27 3
3 27 3 27 3
3 27 ! 27 3
3 28 3 29 3
3 30 3 29. 3
331 331 3
d.
1
d.
d.
1 d.
d.
d.
d.
4 2 3 4 2 3 4 0 3 41 3 4 4 3 4 4 3 4 2 3 4 4
41 3 41 3 3 9 3 4 1 3 4 4 3 4 3 3 41 3 4 3
3 7 3 36 3 35 3 36 3 39 3 39 3 37 3 39
31 3 31 3 2 9 3 31 3 3 3 3 3 3 3 3 1 3 3 3
2 8 3 2 7 3 25 3 27 3 31 3 30 3 28 3 30
26 3 26 3 24 3 28 3 21 3 29 3 27 3 29
26 3 26 3 2 t 3 2 0 3 2 9 3 2 9 3 27 3 29
2 6 3 2 6 3 24 3 26 3 2913 29 3 2 7 3 2 9
28 3 27 3 25 3 27 3 31 3 30 3 29 3 30
2 9 3 2 9 3 2 7 3 2 3 3 3 2 3 31 3 2 9 3 31
3 28 3 30 3 33 3 33 3 30 3 32
30 3 30
B R E A D S T U F F S .
F r i d a y , J u l y 34
1896
F o r th e w i n t e r - w h e a t g r a d e s o f fl j u r t h e r e h is b > e n a in x i e r a t “ ly a c t i v e d e m a n d , a s b o t h t h e h o r n s t r a d > a n d s n i p p e r s
h a v e b e e o b u y e r s ; p r io e s h i v e r u l e d s t s a d y .
T lie d e m m d
f o r s p r i n g - w h e a t fl m r , h j w : v e r , b i s o i t i n u i l l i m i t e d , b u t
n o c h a n g e s h a v e b e e n m i l * in q u t a t i o i s .
O i t v n a d ls h i v i
r e c e iv e d s u m - a t t e n t i o n a t s t e a d y v a lu e s .
R y e fl > u : h a s b > e n
in lim it e d r e q u w t a t u n c h a n g e d p r i c e s
C > r a m i a l h i s s o ld
m o r e f r e e i y , b a t a t e a s i e r p ric e s . T o - d a y th i m a r k e t f o r w h e a t
fl >ur w a s q u i e t b u t s t e a d y .
T h e r e h a s b e e n o n l y a v e r y l i m i t e d a m o u n t o f a c t i v i t y to
th e s p e c u la t i v e d e a l i n g s in t h e m a r k e t f o r w h e a t f u t u r e s , b u t
p r ic e s h a v e t e n d e d u p w a r d s a n d f r a c t i o n a l a d v a n c e s h a v e
been
m ade
o n le s s f a v o r a b l e c r o p a c c o u n t s , b o t h f r o m
th e w i n t e r - w h e a t a n d s p r i n g w h e a t s e c t io n s .
T h e im p ro v e d
f e e l i n g in A n a n c i a l c i r c le s , h o w e v e r , h a d c o n s i d e r a b l e t o d o
w i t h th e i m p r o v e m e n t i n v a lu e s .
I a th e spo t m a rk e t o n ly a
li m i t e d a m o u n t o f
b n s in e s s
has
be^n
tra n sa cte d ,
but
p r ic e s
have
h e ld
A rm
in
sy m p ath y
w ith
fu tu re s.
T h e o n l y b u s in e s s t r a n s a c t e d y e s t e r d a y w a s a s a l e o f u i g r a d e d
at
T o d a y t h e m a r k e t a d v a n c e d d u r i n g e a r l y 'O n a n g e
in r e s p o n s e to s t r o n g e r f o r e i g n a d v i c e s a n d c o n t i n u e d u n
fa v o r a b le c ro p a c c o u n ts , p a r t ic u la r ly fr o m th e w in t e r -w h e a t
d is t r ic t s : la t e r , h o w e v r , t h e r e w a s s e l l i n g b y “ l o n g s ” to
r * * a liz » p r o f it s , a n d t h e i m p r o v e m e n t w a s lo s t , c lo s i n g s t e a d y .
T h e sp o t m a rk e t w a s q u ie t b u t s t e a d r . The o n ly s a le r e p o rte d
w a s u n g r a d e i r e d w i n t e r a ’. 5 3 c . i n e l e v a t o r . N > 2 r e d w i n t e r
w a s q u o t e d a t 6 7 :. f . o . b . a ll >at; N > 1 h a r d s p r i n g a t 68 ^ c .
f . o . b , aid >at, a n d N o . 1 N o r t h e r n a t 8 6 ^ [o . f . o . b . a f lo a t .
DAILV CLOSING PBIOSS OV
Sat.
July delivery____. . .
62
August delivery ...
02%
Sepn-inber delivery.
62 a,
Ocrobcrdelivery. ...
December d elivery..
01V
MO. 2 BID WIMTKR WHSAT
TKurt
Mon.
Tues.
Wed
625,
61%
61%
61%
62 »»
62%
63%
62
63%
02
02M
62H
64%
63^
82 7s
6 l*e
64%
64%
05%
01%
F ri.
62\
63>a
63%
61%
65*8
corn futures has been
Sp cul ition in the m irket for
In d ia n
q u ie t , a n d d e s o it e a n i m p r o v e m e n t in w h j a t v a l u e s a n d a
m o r e h o p * fu t f e e l i n g i o f i n a n c i a l c ir c le s , p r ic e s h a v e g r a d u
a l l y w e a k e n e d u n d e r f r e e o f f - r i n g s f r o m t h e W e s t in a n
t ic ip a t io n o f a l a r g e c r o p m iv e m e n t .
T n e a m o u n t o f b u s i
n e s s t r a n s a c t e d in th e s u i t m a r k e t h i s b e e n l i m i t e d a n d
p ric e s h a v e b e e n e a s ie r ,
Y e s t e r d ty t h : s a le s i n c l u d e d N o . 2
y e l l o w a t 8 6 } ^ : . i n e l e v a t o r a n d N >. 2 m i x ad a t 3 ‘i ^ c . in
e le v a t o r .
T o -d a y th a m a rk e t w a s q u ie t b u t s t e a d y .
The
sp o t m a rk e t w a s t lu ll a n d u n c h a n g e d .
T h e s a le s ia c lu d e d N o .
2 m i x e d a t 8 3 % c . f . o . b . a l l lat.
1 A II.T
O L O A IS O
July delivery .........
rtepvrabnr delivery..,
October delivery.......
P R I JRS o r
Sat
32*
33 >«
337e
MO.
Mon.
32%
32*s
33
2
M IIB D
Tues.
32H
32H
33 1#
CORN
Wed.
32
32%
32%
T/iura.
3
32%
327q
Fri.
32H
32>«
33
TH E
162
C H R O N IC L E .
[ Y ol . l z i u ,
Domestic Cotton Goods—The exports of cotton good s
O its for future deli verj' have been quiet, but prices have
made fractional gains on continued less favorable crop ac from this port for the week ending July 20 were 2,776
counts. In the spot market business has been considerably packages, valued at $127,250, their destination being to the
less active, as shippers have not been buying so freely, but points specified in the tables below:
prices have advanced slightly with futures, The business
1895.
1896.
transacted yesterday included No. 2 mixed at 22*^c. In ele
N iw YORK TO JUL\ 20.
Since
Jan.
1.
Week
Week.
Since Jan, 1.
vator and 23-S/o. f.o.b. afloat; No. 2 white at 24c. in elevator
and white clipped at 25c. f.o.b. all rat. To-diy the market’
1,957
3,069
581
was higher on unfavorable crop accounts. The spot market
42
6
1,877
1.718
64,760
95
30,912
was Brm *r but quiet. The sales included No. 2 mixed at China ...... .......................... 1,282
3,509
3,634
.mmmmm
223i'c. in elevator, No. 2 white at 24J£c. in elevator and white fttdia. mmmmm
12,511
14,247
clipped at
f.o.b. afloat.
11,155
43
128
4,366
OAILT CLOSING! PRIORS OS' SO. 2 MIXED OATS.
Bat
July delivery................ o. 21 %
if >™.
21%
A u g u s t d e l i v e r y ............. o. 2 1 %
September delivery ...o. 21%
Toes.
Wed.
T k u rt.
P ri
21%
21%
22%
22%
...............................................
21%
21%
21%
22
...
22%
FLOOR.
6,755
1,714
5,048
26,920
2,137
T otal..............................
China, via Vancouver*....
2,776
133,343
18,570
T ota l..............................
2,776
156,913
Otner Countries..................
F in e...............$ b b l. * 1 6 0 a 2 00 Patent, w inter...... . *3 45 **3 75
3 90
Bnperflne............... 1 709 2 10 City mills extra s .....
Extra, So. 2 ...... . .. 2 209 2 30 Rye flour, superfine . 2 3 ) 9 2 75
....
Extra. No. 1............. 2 509 2 65 Buckwheat flour ....
Clears . . . . . . . . . ...... 2 509 3 15 Corn meal—
Western, Ao.......... 2 009 2 10
Straights ................ 3 15 9 3 40
Brandywine..........
2 15
Patent, spring......... 3 10 9 3 75
[ Wheat dour la sacks sells at prloes below those for bai rels.
217
35
124
1,017
36
1IN
S
1r"<
The following are closing quotations :
65
70
236
465
25
v ie r lo o ...... ........................
9.749
1,757
6.330
32,963
3,984
....
112,729
15,350
1,752
123,079
The value of the New York exports for the year to data has
been $6,140,755 in 1896 against $5,043,415 in 1895.
There have been occasional fair sales of heavy-weight
brown sheetings and drills for export at firm prices, but the
G R A IN .
home demand for all weights continues light. Business in
0
Corn, per bosh—
0.
Wheal—
0.
0.
all grades of bleach )d cottons ha3 b)en indifferent, j ibbers
8prlng, per bush.. 62 f» 69
Weat’ n m ixed..___ 30 9 34
No. 2 mixed......... 3 2 * 9 33% are doing little and shirt and under vear manufacturers place
Red winter No. 2.. 6S t» 67
conservative orders. Prices are without quotable change.
Red w inter.. . . . . . 63 ® 68
Western y e llo w ... 32 9 34
W hite...................
Western W hite___ 31 9 33
Tie demand for coarse colored cottons does not improve, but
R ye—
Oate—Mixed, per bn. 20%© 24
the market is generally steady. The shut-down of the exten
Western, per bush. 37 9 40
W hite................... 23 a> 28
sive Amoskeag plant early next month points to a further
8tate and Jersey.. 37 'W 41
No. 2 m ixed......... 22% 9 2 3 *
and important curtailment in the output of colored goods.
No. 2 white......... . 2 4 ^ 9 25% Bariev—Western___ 35 9 39
Feeding............... 32 9 33
In other staple cottons the market has ruled featureless.
E xpo bts of
B r s a d s t u f f s , P r o v i s i o n s , C o t t o n AND Printed calicoes of all descriptions have been in quiet demand
P e t r o l e u m . --The exports of thes >articles during the month only and prices are unchanged. Staple ginghams are quiet
of June, and the twelve months, for the past three years, have but steady. There i3 little demand for dress style ginghams.
been as follows :
Onlv a small business has been reported in print cloths this
week; the demand has been light for both extras and odd
1 8 9 5 -9 0 .
1 8 9 4 -9 5 .
18 93 -94 .
goods and prices unchanged on the basis of 2J.£c. for. the
E x p o r ts
f r o m U . S.
former.
12 M onths.
June.
June.
1 2 M on th s
J 1m e.
12 M onths.
Q u a n titie s .
W h e a t .b u s h .
F l o u r . . . b b ls .
W h e a t ....b u .
C o r n ...b u s h .
T o t . b u s h ..
Values.
C o r n Jc m e a l .
A
0 0 ,4 70 ,7 14
99 4 ,3 3 0
1 4 ,4 3 9 ,7 7 8
1 0 ,8 30 ,8 00 1 2 5,44 9,715
5,61 5,10 4
m e a l.
9 0 ,5 4 0 ,7 6 5
10 ,3 81 ,0 64 21 5 ,9 9 0 ,4 8 0
4 ,5 3 3 ,9 4 5
7 5 ,8 1 1 ,8 3 9
1 ,0 7 2 ,8 2 5
14 ,9 1 2 ,8 4 7
3,45 0,01 2
87 ,9 58 ,2 80
1,19 1,95 8
10 .530,991
9.35 9 .4 0 7 1 4 3 ,0 7 3 ,5 5 0
8 ,82 7,82 3 162,374,739
2 ,9 7 4 ,5 2 8
2,73 2,24 4
2 5 ,6 0 7 ,7 5 3
1 2 ,2 33 ,9 35 1 6 8,58 1,803
11 ,5 59 ,5 87 225 80 0,39 4
1895.
July 20.
172.000
66,000
106.000
1804.
July 21.
310,000
1893.
July 22.
159,000
!!!;2oo( 23S'000
T otal stook tD leoes)....1,957.000
341,000 1,081,000 395,000
F o r e ig n D r y G o o d s — Moderate orders are reported in
6 3 ,4 25 ,6 55
1,78 3,72 7
14 ,2 4 0 ,1 3 3
16 5,981
4 1 5 ,0 2 9
5 ,0 9 7
92
12 0.48 3
1.85 8.62 3
4 ,4 0 0 ,1 6 5
7 7 ,0 1 9
7 5 4 ,8 0 3
39 ,2 59
2,23 3 ,7 2 0
Im p o r ta tio n s a n d W a re h o u s e W it h d r a w a ls o f D r y G o o d s .
88 3,05 4
3 ,0 0 8 ,0 3 2
39 ,0 5 3
7 0 5 ,5 8 7
3,512
2,182,084
*
*
1
$
7 ,7 7 5 ,9 2 5
91 ,0 3 3 ,7 7 2
7,05 3,04 1
9 4 ,3 3 3 ,0 4 3
8,58 6,40 6 127,156,500
2 ,1 0 9 ,5 8 i
3 4 ,9 7 3 ,3 7 2
1,33 7,55 1
3 0 ,0 78 ,2 83
B r ’d s t u f f s . .
11 ,6 93 ,1 64 13 3 ,9 2 0 ,3 9 0
8 .9 5 4 ,0 4 0 11 0 ,0 9 8 ,6 4 3
7,96 0,82 0 10 1,77 7,730
P r o v i s i o n s *.
1 4 ,3 89 ,1 79 15 9,01 1,609
11 ,1 3 4 ,8 6 7 1 5 9 ,1 6 9 ,4 4 8
1 7 ,3 82 ,8 43 174,131,614
5,24 8 ,0 9 7 21 0,82 1,426
C o t t o n ............
5 , 2 i o . t e o 18 J,2 0 0 ,4 6 9
5.57 4 .1 3 1 2 0 4 ,6 8 7 ,0 0 2
P e t r o l ‘r n . i c .
5 ,2 8 8 ,2 9 6
4 ,9 8 8 ,9 5 8
T o t . v a lu e .
1896.
July 18.
Block o f P r in t Clothe—
A t Providenoe, 61 squares. 329.000
At Fall R iver, 61 squares.. 989.000
At Fall R iver, odd size3___ 639.000
dress goods for fall, chiefly in plain-faced fabrics. Silks
quiet in both staples and fancies, ribbons dull, laces in firm
request. Hosiery and underwear and linens dull. Men’swear fabrics selling slowly.
1
W h ’t 4 flo u r.
O ats
0,30 2,27 4
0 1 ,4 7 4 ,7 9 1
3 0 .5 9 0 .7 9 9 5 4 4 .2 0 7 ,2 5 9
4 5 ,8 6 7 ,2 9 7
3 0 ,0 0 1 .9 0 1 5 1 9 ,8 2 2 ,3 9 0
3 ,63 1,41 5
40 ,6 97 ,7 85
34 ,2 2 9 ,7 7 5 58 7,42 3,555
• In c lu d in g c a t tle a n d h o g s In a ll m o n th s a n d y e a rs.
N oth .—A ll the above figures are based on the monthly preliminary
returns issued by the Bureau o f Statistics, and cover about 98 per oent
of the total exports of breadstufls and oil, 99 per cent of provisions
and nearly 100 per oent o f cotton.
«W F o r o th er tables u su ally g iv e n h ere aee page 111.
The market is s ill almoit entirely dominated by th? unset
tled political outlook. This week’s action of local banking
and exchange homes has failed to offset this, as although it
has been favorably commented upon no expansion in deni tad
from buyers has followed. Taken altogether the past week
has b en as dull as any experienced during the dull spell
which has prevailed so long. Tnis is the more marked as
business usually quickens up considerably after the middle of
July with joboers and gradually improves in the primary
market. The general steadiness of prices in face of the in
activity is noteworthy. Instances of sellers making conces
sions are rare, and as a matter of fact there is no particular
pressure on the part of buyers to break values. Their pur
chases are not large enough to justify them in the attempt
while the curtailment of production gives sorn^ encouragement to fellers to hold on in the expectation of shortened sup
plies exercising an influence before long.
Woolen G oods.—There has been some business done dur
ing the week in new lines of light-weight wiolms and
worsted for next spring, but it has b)en too limbed to give
any character to the demand, and in a number of instances
sellers have withdrawn from the market until the end of the
month, wh m they hope that buyers will be more disposed to
place orders. Meanwhile there are a fair numbsr of orders
coming to hand for heavy-weight woolens and worsteds for
q lick delivery. The market is steady on low and medium
grade fancies, of which stocks ara considerable reduced but
in staple lines some irregularity is noticeable. Overcoat
ings and cloakings in plaii-faced goods are in fair demand in
medium grad, ;s. P.ain and fancy dress goods are both bsing
le-ordered tndiff neatly. Flannels and blankets inactive and
carptta quiet.
2,137
9,862
GOODS TRADE.
3,124
9,862
DRY
N e w Y o r k , F r i d a y , P . M ., J u ly 24, 1896.
b
12,986
T HE
The importations and warehouse withdrawals of drygoods
at this port for the week ending July 23, 1896, and since
January 1, 1896, and for the corresponding periods of last
year are as follows:____________________
M
3
S
=
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g||g
£ a g igWSoO
ag
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TH E
25, 1896.]
C H R O N IC L E .
163
of water bonds and #25,000 of refunding city bonds. Both
The water bonds are to
mature July 1, 1926, and the refunding bonds June 1, 1926,
T E R M S O F S U B S C R IP T I O N .
Carthage, Ohio— B o n d O f f e r i n g . — Proposals will be received
until 12 o'clock (noon) <>n July 25. 1896, by Lewis Hill, Vil
T he I nvestors ’ S u pp le m e n t will be furnished lage Clerk, for the purchase of $611 95 of village bonds The
will bear 4 per cent interest, payable annually at
without extra charge to every annual subscriber of the securities
the G-oman National Bank, Cincinnati, Obio, and th« prin
cipal will mature in from 1 to 10 years from June 16, 1896.
Co m m ercial a n d F in a n c i a l C h r o n ic l e .
Chester, Pa.— B o n d O f f e r in g . —Proposals will be received
T he Sta te a n d Ci t y S u pp le m e n t will also be fur
until July 27, 1896, by Josiah C. Ross, Chairman of Finance
nished without extra charge to every subscriber of the Commrtee. for the purchase of $25,000 of 4 par cent school
district bonds. Interest on the bonds will be payable semi
Ch r o n ic l e .
annually and $8,000 of the principal will mature in three
T h e Street R a i l w a y S u pp le m e n t will likewise years, $8,000 in six years and the remaining $9,000 in ten
be furnished without extra charge to every subscriber years. The securities are to be exempt from State taxation.
Cleveland, 0.— Bond Sale.—It is reported that the city of
of the Ch r o n ic le .
Cleveland has snld $376,000 of 4 per cenr 20-year bonds to
T he Q u o tatio n S u pp le m e n t , issued monthly, will Messrs. Farson Leach & Co., of New York.
Coraipalls, Pa.— Bowl Offering—Prop >sals will be re
aiso be furnished without extra charge to every sub
ceived until Julv 25, 1896, for t be purchase of $8,000 of 4^4
scriber of the C h r o n ic l e .
p r cent 5 to 30 year wa'er bonds.
TE RM S for tne C h ro n ic le with the four Supple
Dayton, Ohio.— Legal Decision.—The Supreme O urt of
ments above named are Ten ollars within the United Ohio has rendered a decision establishing the constitutionality
"f an Act under which certain garbage crematory bonds of
States and Twelve Dollars ia Europe, which in both Dayton were issued. The Common Pleas Court of Mont
gomery County declared the bonds issued under the Act in
cases inclndes postage.
valid, but on appeal the Circuit Court reversed this decision,
ard the Supreme Court * as now sustained the decision of the
Terms of Advertising— Per Incu space.)
Circuit Court and estat lisbee the validity of the bond issue.
O n e tim e ...........................
*3 50
|Tar
Months (13 Uraesi ..#25 00
East Clerejand, Ohio.— Bond Election.—At a special elec
One Month
(ittm e s )..
11 00 Six onths
(26 tim es).. 43 00
Tiro Months
(8 tim es).. IS 00 I Twelve Months <52 tim es).. 88 00
tion held here last week onlv20 votes of the 196 were opposed
flThe above terms tor one month ami onward are rorttaailln x cards.
lo the i*-uing of bonds for ihe purpose of laying water pipes.
Posston. Minn.— B o n d O f f e r i n g . — Proposals will be received
T h e p u rp o s e o f tills S ta le a n d C ity IS e p a r lm e n t until 7:30 P M. on July 28, 1*96, by I. O. Brandt. Village Re
is to f jnu>ih our subscribers w ith a w eekly addition to and cord* r.for the purchase of $10,000 of water-works and electriccontinu ition of the S t a t e a h © C i t y S u t t l e m e j it . In other 1 light bonds. These securities will bear interest at the rate of
words, with the new facts w e shall Rive, tne am plification- 5 percent per annum, payable semi-annually, and the princi
pal will mature in 20 years from date of bond.
and c irTectione w e shall publish, and the m unicipal law s we
F r a n k l i n . I,a —Bonds Authorized.—The voters of Frank
shall analyze in the “ State and C ity Departm ent.” w e expect lin. Ia .. have authorized water-works bonds to the amount
to brin g dow n weekly the inform ation contained In the of $20,000.
S t a t e a s d C i t y S u p p l e m e n t to aa near the current date as
Ilawklasvllle, U n . — B o n d O f f e r i n g .— Mayor 8. 13. Way will
possible, lien ee every Subscriber w ill a t all times possess a receive proposals until August 5 at 3 o’clock P. M. for $40,000
complete and fresh cyclopaedia of inform ation respecting of 6 tier cent water-works bonds. The securities will date
from the nine of their sale and will run for 30 years.
Municipal Debts.
Hawkir.sville lias a bonded debt of $10,000 for schools but
no floating debt. Its assessed valuation is $620,000 and its
*wtnnat«d real value is $1,000,000. Its p iporaiion is about
STATE A ED CITY INDEX.
S
t a t e
h h p
C m
P e ?
a r t m c w t
. loans will hear 4 per cent interest
In this number of the C h ro n ic le we pnblish an
index to all news items printed in this Deptrtment
since Jane HOth. For index to items published from
April 11th to Jane 20th, both inclusive, see C h r o n ic le
of June 27tb, page 1180. Ia all cases when t i e item in
cludes later figures of debt, assessed valuation, Ac.,
full-face types are used for the reference. Items pub
lished in to-day's C h r o n ic le are not included in the
index. This index will be published the last Saturday
of each month.
; 8,000.
Houston, Tex.— Bonil S‘ile.—Houston 5 per cent gold bridge
bonds to the amount of $39,000 have recently been awarded
to \V. J. Hayes A Sons. The securities are dated May 1,1896,
inter*st is payable on May 1 and November 1 at the office of
ihe Union Trust Co. and the principal will mature May 1,
, 1936.
Lebanon, Pa.—Bond Election.— It is reported that an elec
tion will be held at this place on July 25, 1896, to vote on issu*
ing #200,000 of water bonds.
M i a m i T»wn-lilp. Milford. Ohio.— Bowl Sale —Oo July 20,
| 1896, A. B. Applegate, Township Clerk, sold $6,860 of 5 per
cent refunding bonds to the Milford Na’ ional Btnk for $7,055.
Ooe other bid was received,that of W.J.Hayes & Sons.of Clevej land. Ohio, who bid par less #300 commission. Seven of the
bonds are for $200 each, eight for $250 each, six for $100 each,
B o n d P r o p o s i t i * u n d K e K o t i n l l o n « . - W e have re
f“ur for $850 each, and one for $“60, the first one b -ing pay
c e i v e d t h r o u g h t h e w e e k t h e f o l l o w i n g n o t ic e s o f b o n d s able September 1, 1896, and ooe every six months thereafter.
Interest will be payable semi-annually, both nrincipal and
r e c e n t ly n e g o t i a t e d a n d b o n d s o il-? re d a n d to b e o t t e r e d f o r
interest to be payable at the Milford National Bank, Milford,
s a le .
I Ohio.
A b b e v i l l e , 8 . C . — B o n l Election,— O n J u l y 7 t h e people o f
M a s s a c h u s e t t s . — Bi/ls Rejected.—On July 21 State Treasurer
A b b e v i l l e v o t e d in f a v o r o f i s s u i n g $75 ,0 00 o f w a t e r - w o r k *
E. P. Shaw received two bids for the $l,000,000of 8(4 percent
bon ds.
Stale bonds issued for the aboliti m of grade crossings. One
bid wa* from R L. Day <fcCo. of Breton for the whole amount
A d a m s , M a s s . — B o n d O f f e r in g . — T h i s t o w n m a s k i n g f o r
at 100'19; the other from Farson, Leach & Co. of New York for
b u ia u n t il J u l y 87, a t 6 o 'c l c c k P. m ., f o r a lo a n o f $5,000.
#7«'0,000 a' 100-29 Both bids were rejected. The securities
A r c h b o l d , O h i o . — Bond Offering.— P r o p o s a l s w i l l b e r e c e i v e d
will be regis'ered and for $1,000 each, or mill iples of that
u n t il A u g u s t 3 ,1 8 9 6 , b y th e C h a i r m a n o f t h e S t r e e t C o m m i t t e e
sum They will be dated May 1, 1830. and mature November
f o r t h e p u r c h a s e o f # 1 3 0(H) o f p a v i n g b m d s .
1, 1923. Interest will he payable semi annually on May 1st
B r o o k l y n , Ji. A.— B o n d O f f e r i n g —City C o m p " roller George
and November 1st. and both principal and interest will be paid
W . P a l m e r w ill r e c e i v e b id a u n t il J u l y 28 a t 12 o 'c l o - k n o m
in gold at the office of the Siate Treasurer.
f o r 8 ) 4 p e r c e n t b o m la to t h e a m o u n t of $1,535,100.
The
Montclair. N. J .— Bond Sale.—On July 22 the town of
t e c u r u i e a a r e t o b e issued l o r v a r i o u s p u r p o s e s , and they w i l l
Montclair sold $45,000 of school bonds to the State Mutual
m a ’ u r e an f o l l o w s : # 10 0 / 0 0 . Jan. 1 , 1938: 1100.000, Jan. 1.
Life Assurance Company of Worcester, Mass., for par and a
1937; $14 8,000, J a n . 1. 1936; #50,00 0. J u l y 1 , 1913; #18.000,
Jan I , 1900; #30,000, J a n . 1 . 1901; $95 000 . J a n . 1 , 1935; # 10 .- premium of $45. The bid was for 4 per cent gold bonds, in
terest to be payable semi-annually. Other bids for the loaD
000, J u l y 31. 1916; #150.000. Jan. 1 ,1 9 3 6 ; #250 .0 00, Jan. 1 ,1 9 3 0 ;
were as follows -. S. A. Kean bid 103-50 and interest for 6 per
MOO,OOP, J a D . 1, 1928: #40,00 0, J u l y 8 1 ,1 9 1 6 ; #150 .0 00, Jan. 1,
cent bonds; E, Beekmnn Underhill bid par and $150 premium
1915; #100 ,0 00, J a n 1,1916. I n t e r e s t w i l l b e p a y a b l e January
s o d J u l y fir s t , a n d b o t h p r i n c i p a l a n d in t e r e s t w i l l b e payable for 5 per cent bonds; Farson. Leach & Co. bid $50 premium
in g o l d . T h e s e c u r i t i e s w i l l b e e x e m p t f r o m t a x e s e x c e p t for for 6 per cent bonds: Montclair Savings Bank offered to take
$20,000 of 4(4 per cent bonds at par.
Slate purposes.
The bonds will be for $1,000 each, dated September 1, 1896,
( . 'a m h r t d g e . M a s s . — B o n d O f f e r i n g . — P r o p o s a l s w i l l b e re
and three-fifteenths of the principal will fall due at the end
c e iv e d f o r 4 p e r c e n t 1 5 -v e a r b o n d s o f t h e c i t y o f C a m b r i d g e
of three vearaand one-fifteenth annually thereafter for twelve
u n t il 12 M , o f J u l y 28. 1896.
years. Bidders were requested to name the rate of interest,
C am den. N.
J.— Bontl Offering — P r o p o s a l s w i l l b e r e not to exceed 6 per cent.
Interest will be payable semi
c e iv e d u n t i l 3 o 'c l o c k o n J u l y 80. 1896, b y W m . H . T ic e , c h a i r
annually on March 1 and September l,and both principal and
m a n o f th e F in a n c e C o m m i t t e e , f o r th e p u r c h a s e o f #309,000
interest will be payable in gold at the Bank of Montclair.
TH E
164
C H R O N IC L E .
[ V o l.
L x m
.
Paterson, N. J.— B o n d O f f e r i n g .—Proposals will be re
New York City.—Bond O f f e r in g —Bids will be received by
until Aug. 3, 1896, for tne purchase of $60,000 of
City Comptroller Ashbel P. Fitcb until July 27 at 11 o clock ceived
bridge bonds.
x , m. for $100,00 > of 8'g percent consolidated stock of the
Portsmouth, N. H. —B o n d O f f e r i n g .—Proposals will be
city of New York issued tor schools and the College of New received
until 12 o’clock (noon) July 28, 1896, by Charles H.
York. interest will be payable semi-annually on May 1 and Clough, City Treasurer, for the purchase of $175,000 of binds
November 1, and the securities will mature November 1, 1914. of the City of Portsmouth. These securities will bear interest
Bids will also be received by the Comptroller until July 28 at the rate of 4 per cent per annum, payable semi-annually on
the first day of January and July of each year, at the
at 11 o’clock a . M. for $8,805,962 56 of 3% per cent stock and National
Hide & Leather Bank, Boston, Mass., or at the
bonds issued for various purposes and maturing as follows:
City Treasurer’s office, Portsmouth, N. H. The bonds will be
Nov 1,1910............. $25,00000 I Nov 1, 1915................ $1,558.05828dated July 1, 1896, and mature July 1, 1916.
Nov. 1 ton ............. 704,90128 Nov 1,1916................
400,00000
OsC 1.1915............... 600,00000 | Nov. 1, 1917................
518,00000 Rliliey Park, Pa.— B o n d O f f e r in g —Proposals will be re
Both Interest and principal of these loans are to be payable ceived until 12 o’clock noon, August 1, 1898, by H. C. Keyes,
in gold and the securities are exempt from city and county President of School Board, for the purchase of $12,590 of 4
per cent school bonds. The secu i ies will be issued iu de
tax.
nominations of $510 each; ths principal will mature April 1,
.4 d e ta ile d d e s c r ip t io n o f the. s e c u r itie s a n d th e c o n d it io n s 1916. The bonds will be exempt from State tax.
o f t h e ir sa le t r i l l be f o u n d in th e C it y C o m p t r o lle r ’s o f f ic ia l
Saginaw', Mich.—Bond O f f e r i n g . —City Comptroller Arthur
n o tic e s p u b lis h e d a m o n g th e a d v e rtis e m e n ts i n th is D e p a r t F. L»wis will receive proposals until 3 P. M to-day for $52,000
of 5 per cent street improvement bonds. The sectiriiie3 will
m e n t.
Oconto Falls, Wit.— B o n d S a le . —Oconto Falls has sold be dated August 1, 1896, interest will b» payable semian
bridge bonds to the
of $4,000 to the State of Wisconsin. nually on February 1 and August 1 at th-< Ch“micai National
Bank of New York City and the principal will mature at the
Oxford ITnlun Free School District No. 1, N. Y.— B o n d rate of $10,400 yearly in from one to five years.
O f f e r in g .—Bids will be received until 1 o’clock P. M., Aug. 5,
The total bonded debt of Saginaw on July 16, 1896, was
1896, by Charles W. Brown, President of the Board of Educa
Binking fund, $42,000; net debt, §1,189,500; water
tion ot this district, for $20,000 of 4 per cent school bonds. $1,231,500;
included, $539,000. The assessed va uation of real es
The securities will mature at the rate of $2,000 yearly, begin bonds
for 1896 is $13,024,675; personal property, $2,712,395;
ning Oct. 1, 1898, and interest will be payable semi-annually, tate
total, $15,737,070. The valuation of corporate property is
April and October first, at the First National Bank of Oxford, $2,753,407.
including the city water-works, which have co3t
in New York exchange. The bonds will be registered and to date $864,000.
The population is at present estimated at
transfer of ownership must be made on the books of the dis 45
000. Included in the total bonded debt as given above is
trict. The assessed valuation of the district is S796.000. The $292,500
of assessment bonds issued for sewers and streets and
district comprises, practically, the village of Oxford, There payable by
special assessment on the prop *rty benefited. Of
is no indebtedness on the county, town, village or school dis this sum $89,500
will be paid on August 1st of this year.
trict, except $10,000 of town bonds, which will be paid off
Feb. 1,1897. These last named are the last of $200,000 of 7
St. P a u l, M in n .— C e r t if ic a t e S a le .—City Comptroller J. J.
per cent bonds issued by the town in aid of the construction McCardy reports that on July 13th the following bids were
of the New York Ontario & Western Railroad, and paid by received in response to his offering of three hundred 5 per
the town iu annual instalments of $10,000 each. T*e assessed cent certificates of indebtedness of the denomination of $500
valuation of the town, which includes the village, is $1,719,575. each to be dated July 1, 1896, and to mature July 1, 1897.
m iio u iu
N E W
L O A N S .
P R O P O S A L S
for $3,805,962 51 Three and One-Half
Per Cent Gold Bonds and Stock
the City ol‘ New York.
•HXECUTOBS, A D M IN IS T R A T O R S , G U A R D IA N S .
A N D O T H E R S H O LD IN G T R U S I’ FU N D S A R E
A U T H O R S ED. BY A N A C T OF T H E L E G IS L A
T U R K PA S SE D M A R C H 14. 188* T O IN V E S T IN
T H E S E BONDS A N D STOCK.
S E A L E D P R O P O S A L S W I L L BEV R E C E IV E D
by the Comptroller o f the City o f New York a t his
office. No. 280 Broadway. In the City o f New York,
until
T U E S D A Y . T H E 28TH D A Y OF J U L Y , ISO’,
at 11 o’clock A. M.. when they w ill be publicly
opened, fo r the whole or >x part ->f the follow in g rleaonbed Coupon or Registered Bonds and Stock o f
the Citv o f New York, bearing interest a t three and
one-h alf per cent per annum, payable semi-aunu
ally, to w it :
§400,000 00 Consolidated Stock o f the City o f New
York, fo r constructing a bridge o ver
the H ar'em R ive r at. Third Avenue,
vwv.
^,the Principal payable N«»v. 1. 1916.
704.904 29 Consolidated Stock o f the City or New
York,
known
as
“ School-house
Bonus, the principal payable N o v. 1,
#6,115 38 Consolidated Stock o f the City o f New
V oik. Sanitary Im provem ent, Scboolhonse Bonds, the principal payable
Nov. 1 1916.
36.C00 00 Consolidated Stock o f the City o f New
y ork. fo r i he payment o f awards, costs,
charges ami expenses certified by he
« hange or Grade Damage Commission.
, ,
„ the principal payable Nov. I. 19m.
11. 000 On Consolidated Stock o f the City o f New
Y *.rk. for the construction o f the New
ha*t R iver Bridge, the principal pay
able Nov. i. 1917.
271.0.0 00 Consolidated Stock o f the City o f New
York, fo r the Im provem ent o f Public
1 arks Parkways and Drives in the
( i t r o f New York, to e principal pavable Nov. i, 10• 7.
10o.'H’ Jon Consolidated Stock o f the City o f New
York for repaving roads, streets and
avenues In the Tw en tv-third and
I wenty-fourth Wards, the principal
payable Nov. I, 1»*17.
L^4..0<3 95 Consolidated Stock o f the City o f New
York fo r tin* payment o f Srate taxes
fo r the support, o f the Insane the
prlhrlpal pit) able Sox. 1. nil,'..
T ill. Ktork l« exem pt from taxation.
" M e r t lie nut borltjr o t Chapter 3 .Laws
iwti.noo no CO"»nllilnte,l stock nr the City o f New
'o r k . known u* Additional W a ter
Stock o f the City o f New York, the
principal payable Oct. 1, 1915.
v
?£°.ck
exem pt from taxation
t»y the City and County o f New York,
under the authority o f a resolution o f
the CoinmUsloiiers o f the Sinking
.
„
, i “ i1• “ 'L'PH’ d September 3, 1883.
,l!4
.
t
h
e
«e interest
Interest on the ahoveabove
described Bonds and
k are payable in gold coin
Of mSi’
the rxiUnited Stales
A m erica
th e present
Ron
* ...............
mV»?r !iIkfr
7orf the
n City
r^ r(1o f New York.
the office o f th e
Com.
______
mptroiier
COND ITIO NS.
onl
E ho»e 1
a r e a o c e p te d w ill b e re q u ^ e d t o d a p o a lt w it h t h e C it y C h a m b e r la i n t h e
a m o u n t o f s to c k a w a r d e d t o t h e m a t Its p a r v a lu e .
N E W
P R O P O s » L S
for $400,000 of Thre» ani One-Half
Per Cent Gold Bonds and Stock of
the City of New York.
EXECUTORS. A D M IN IS T R A T O R S . G U A R D IA N S
A N D O TH E R S H O L D IN G T R U S T F U N D S A R E
A U T H O R IZ E D . BV A N A C T O F T H E L E G IS L A
T U R E PASSED M A R C H 14. 188#. TO IN V E S T IN
T H E S E B O N D S A N D STOCK.
S E A L E D PR O P O S A L S W I L L R E R E C E IV E D
by the Comptroller ol th e City o f N ew York, at his
office, No. 280Broadway, in the C itv o f New York
until
M O N D AY, T H E 27TH D A Y O F J U L Y , m»fl.
l i o ’eh*ck A M.. when thev w ill be publicly
opened, for the whole or a parr o f the following-de"scnbed Coupon or Registered Bonds and Stock o f
the City o f New York, beariug interest at three and
one-half per cent per annum, payable semi annu
ally. to w it:
§250,000 00 Consolidated Stock o f the City o f
New York, known as “ School-house
Bonds,” th e principal payable Nov.
150,000 00
Stock o f the City o f New
York, fo r new grounds and buddings
for the College o f the Gitv o f New
V "rk. the principal payable N ov. 1,
1014.
T h e principal o f and th e interest on the abovedescribed Bonds and Stock are payable in gold coin
° ; tf,,e J obed States o f Am erica o f th e present
standard of weight and fineness, nt the office o f the
Comptroller o f the Citv o f New York.
C O N D IT IO *S.
I hose poisons whose bids are accepted w ill be re
quired to deposit with the Clt.v Chamberlain the
amount o f stock awarded to them at its par value,
together with the premium thereon, within three
flays a lter notice o f such acceptance. In the event
or failure to make such d ep ositth e Com ptroller shall
nave the option o f awarding said sto k to t h :» next
highest bidder, or ot rc-ndvorttsing the said s ock fo r
salo and the bidders thus failin g to make such de
posit shall be liable to the City o f N ew York fo r the
oss. If any. thus sustained.
lie proposals should be enclosed in a sealed en
velope. (indorsed ’ *Proposals fo r Bonds o f Ih e C o r tj 10P ty o f N'*w York, to be opened July
‘a .
5 and then enclosed in a second envelope,
York6880** * ° the Com ptroller ° f the City o f New
For full information see Citv Record.
A S H B E L P. F IT C H ,
,,
Comptroller.
1 , ii
ork~ Finance Departm ent. Comp
troller’s Office, July 20, 1896.
C o n s o lid a t e d
N E W
L O A N S .
together with the premium thereon, w ithin three
days a fter notice o f such acceptance. In the event
o f failure to make such deposit the Com ptroller
shall have the option o f aw arding said stock to the
next highest bidder, or o f re-ad vertisin g the said
stock for sale, and the bidders thus fa ilin g to make
such deposit shall be liable to th e City o f N e w York
fo r the loss, i f any. thus sustained.
The proposals should be inclosed m a sealed en
velope, indorsed " Proposals fo r Bonds o f th e Corpoiation o f the City o f New York, to be opened July
28. 1896,” and then inclosed in a second envelope,
addressed to the « om ptroller o f the C ity o f New
York
For fu ll information see City Record.
A S H B E L P. F IT C H ,
Comptroller.
City o f New York—Finance Departm ent. Comp
troller’s Office, Julv 20.1896.
L O A N S .
, o o o
N o r t h
T o n a w a n d a ,
N . Y .,
3Vz% W A T E R B O N D S .
O f f ic e o f t h e B o a r d o f w a t e r Co m m is s io n e r s
N o r t h T o n a w a n d a , July 14,1896.
T h e undersigned w ill re ceive sealed proposals at
th e 'r office in the V illa ge o f N o rth Tonaw anda. N. Y .
until Ju ly 27, 1896, at 8 o ’clock P. M., at which tim e
the same w ill be opened, fo r th e purchase o f th e
w hole or any part o f §125,000 o f registered or coupon
bonds o f the V illa g e o f N o rth Tonawanda, author
ized by Chapter 181 o f the L aw s o f 1875, and
pursuant to resolutions and proceedings had and
taken by the Board o f W a ter Commissioners and the
Board o f Trustees o f th e V illa g e o f N o rth T o n a
wanda.
These bonds shall be known as Second W a te r Bond
Is s u e ; w ill be dated Au gu st 1st, 1896, and w ill bear
in terest at th e ra te o f 3}^ per cen t per annum, paya
ble sem i-annually on th e 1st day o f A p ril and Octo
her, in each and ev e ry year, a t th e Chase N ational
Bank in th e City o f N e w York.
T h e principal to be payable a t th e same place
th irty years from A u gu st 1st, 1896, nam ely A u gu st
1st. 1926.
Proposals must state the price per §100 o f said
bonds.
No bid fo r a sum less than par and acrued in terest
will be entertained.
A l l bids must be accompanied by an unconditional
certified check o f 4 per cent o f the amount o f bonds
bid for, payable to th e order o f G eo rge C. H erech ell,
Treasurer Board o f W a ter Commissioners, as a guar
antee o f good fa ith on th e part o f the bidder, and
the same shall be deemed fo rfe ite d upon the failu re
o f the bidder to accept the bonds w ithin a reasona
ble time, according to th e provisions o f the bid.
-hecks will be returned at once i f bids are n ot ac
cepted.
Each proposal shall state w heth er th e bidder de
sires registered or coupon bonds
Th e ri/ht is reserved by this Board to re ject any or
all bids, if, in their judgm ent, th e interests o f the
v illa g e o f N orth Tonawanda requires it, and th ey
w ill award the bonds to the bidder whose proposal
th ey shall deem most favo ra b le to the villa ge.
, Said bonds will be ready fo r delivery September 1,
1896, and will be delivered to the party or parties
whose bids shall be accepted on payment o f such
bond at the office of the Board o f W ater Commis
sioners in the Village o f North Tonawanda, or the
Board o f Water Commissioners will, on request o f
purchaser, deliver said bonds in the City o f N ew
York on payment to them o f the expenses o f such
delivery.
T h e bonded debt o f th e V illa g e o f North T o n a wanda at the present tim e, including 3275,000 o f
J*?21C*8 an^
local S treet P a v in g Bonds,
T h e assessed valu ation o f th e taxable real estate
o f tho m a t t e o f N o rth Tonawanda, b y the rolls o f
the year 1806 Is §4,850,000.
Each proposal must be sealed and endorsed, “ P ro Eo.n .£ r 5aConti
Bond Issu e," together
with the address ot th e bidder, and enclosed in a
second en velope addressed to Board o f W a te r Comraiss oners, N orth Tonaw anda, N. Y.
B O A R D O F W A T E R C O M M ISSIO NER S,
N orth Tonawanda, N . Y .
TH E
JDST 25, 1896.j
C H R O N IC L E .
Bidder*—
Price.
81. Paal Fire Marine Insurance Co........For 50 certificates ® $503 60
E. W. F e et............................................... do 300
do
d 500 76
8t. Paul T itle Insurance Co...................
® 500 10
State Savings Bank. St. Paul.................. do 100
do
® 501 02
Estabrook A Co., Boston. Mass...............
® 500 15
on
A u g u s t 1, a n d t h e p r i n c i p a l w i l l m a t u r e
T h e v i l l a g e h a s n o in d e b t e d n e s s a t p r e s e n t .
Further particulars regarding the sale will be found in the
official advertisement elsewhere in this Department.
W e l l s t a n , O h i o . — Bond Offering.— B i d s w i l l b e
u n t i l J u ' y 3 0 .1 8 9 6 , b y J . M . D e L a y , C i t y C l e r k , f o r
c h a s e o f $13,135 o f s t r e e t i m p r o v e m e n t b o n d s .
Y e a t lo n , P a . — B o n d
u n t i l A u g u s t 24
at
Offering.—
8 :30
P . it
P r o p o s a ls
w ill
re c e iv e d
th e p u r
be
re c e iv e d
b y A lb e r t M oo re, S e creta ry o f
t h e B o r o u g h C o u n c i l , f o r $11,000 o f
ta x -e x e m p t B ew er b on d s.
T h e r a t e o f in t e r e s t w h i c h t h e b o n d s s h a l l b e a r is t o b e s p e c i
S a l m o n , I d a h o — Bond O f f e r in g . — B i d s w i l l b e r e c e i v e d
u n t i l A u g u s t 3 b y W . H . S h o u t ), C l e r k o f t h e B o a r d o f T r u s
te e s o f S a l m o D , I d a h o , f o r
o f w a t e r - w o r k s b o n d s to
b e a r in t e r e s t a t a r a t e t o b e s p e c i fie d b y t h e p u r c h a s e r , but
n o t to e x c e e d 6 p e r c e n t p e r a n n u m .
T h e p r i n c i p a l o f th e
l o a n w i l l m a t u r e a t th e r a t e o f
y e a r ly fr o m
to
1915, b o t h in c l u s i v e , a n d a l l th e b o n d s w i l l b e s u b j e c t to c a l l
a t a n y t i m e a f t e r te n y e a r s f r o m d a t e .
In terest w ill b e p a y
a b l e s e m i a n n u a l l y o n J a n u a r y 1 a n d J u l y 1 a t t h e o f f ic e o f
th e V i ll a g e T r e a s u r e r o r in N e w Y o r k C it y .
f ie d b y t h e b i d d e r .
In te re s t w ill b e p a y a b le
in
a n d th e p r i n c i p a l w i l l m a t u r e a t t h e r a t e o f
$15,000
y e a r f o r th e
firs t
t w e lv e
y ears
P h ila d e lp h ia
$700
each
th ird
th a t th e lo a n s h a ll r u n , a n d
t h e r e a f t e r a t t h e r a t e o f $500 y e a r l y
1906
u n til a ll
th e
bon ds are
is
$6,040 39;
p a id .
The
to tal
debt
of
th e
borou gh
at
p re se n t
a s s e s s e d v a l u a t i o n , $ 5 5 5,000; t a x r a t e p e r $1,000 is 813.
The official advertisement of this bond sale will be found
elsewhere in this Department.
S i s t e r s r l l l e , W . Y a . — Bonds Authorized. — T h e p e o p le o f
S ia t e r s v i lle h a v e v o t e d i n f a v o r o f i s s u i n g $25,000 o f 6 p e r
cent b o n d s.
T h e s e c u r it i e s w i l l m a t u r e in t h i r t y y e a r s b u t
w i l l b e s u b je c t to c a ll a t th e o p tio n o f th e C o u n c il.
Y o u n g s t o w n , O h i o . — Bond Sale.— O n J u l v 2, 1896, F . C .
B r o u n , C i t y C l e r k , s o ld to t h e F i r s t N a t i o n a l B a n k , Y o u n g s
t o w n , O h i o , $5,000 o f 5 p e r c e n t s i d e w a l k b o n d s f o r $5,05 0.
I n t e r e s t w i l l b e p a y a b l e s e m i - a n n u a l l y , a n d th e p r i n c i p a l w i l l
S u Js u d . C a l . —Bonds Authorized.- T h e c it iz e n s o f 8 u i s u n ,
C a l . , v o t e d o n J u n e 13 in f a v o r o f i s s u i n g $42,000 o f w a t e r
w o r k s b on d s.
T h e s e c u r i t i e s w i l l b e a r 6 p e r in t e r e s t a n d w i l l
r u n f o r 40 y e a r s .
m a t u r e a t th e r a t e o f $ 1 ,00 0 y e a r l y f r o m O c t o b e r 1, 1897, to
O c t o b e r 1, 1901. b o t h p r i n c i p a l a n d in t e r e s t to b e p a y a b l e a t
t h e o ffic e o f th e C i t y T r e a s u r e r .
F iv e o th e r b id s w e r e r e
c e i v e d f o r t h e lo a n a s f o l l o w s :
T a r r y t o w n , N . T.—Bond O f f e r i n g . — P r o p o s a l s w i l l b e r e
c e i v e d u n t i l f o u r o ’c lo c k o n J u l y 28, 1896, b y J o h n F . S h a l l ,
S e c r e t a r y , f o r t h e p u r c h a s e o f $150,000 o f 4 p e r c e n t 30 y e a r
w a t e r b o n d i.
WashlngtonTlllf, N. Y.— B o n d
F eb ru ary 1 an d
A u g u s t 1, 1926.
F i f i y c e r t ifi c a t e s w e r e a w a r d e d t o t h e S t . P a u l F i r e M a r i n e
In s u r a n c e C o . a n d th e o t h e r b id s w e r e re je c t e d .
The re
m a i n i n g c e r t ifi c a t e s a r e t o b e c a r r i e d in t n e id le f u n d s o f
t h e c it y u n t il d is p o s e d o f a t p r i v a t e s a le .
T h e C ity C o m p
t r o l le r s t a t e s t h a t $50,000 o f th e s e c u r it i e s h a v e a l r e a d y b e e n
t a k e n t h a t w a y a t a 4 p e r c e D t r a t e a n d n o t r o u b l e is a n t i c i
p a t e d in g e t t i n g r i d o f t h e b a la n c e o n e q u a l l y f a v o r a b l e
te rm s.
T h e c i t y w i l l is s u e n o m o r e c e r t ifi c a t e s t h is y e a r , a s
th e lim it h as b e e n re a c h e d .
$1,500
165
The L em p re c h t Bros. Oo., Cleveland, O...... „ ........... ............ $5,000Fourth National Bank. Columbus, O..... ............... . .. ............ 5,0078. A. Kean. Chicago, III............................................................. 5,000W. J. Have* A B o n n , Cleveland, O............................................ 5,041-50
Farson, Leach A Co., Chicago, I U .......................................... 5,002-
O f f e r i n g .— B i d s w i l l h e r e
llond O f f e r i n g — P r o p o s a l s
w ill
be
r e c e iv e d
u n til
A u g u s t 17 a t 2 o 'c l o c k p . m . f o r $33,100 o f 5 p e r c e n t
p a v i n g b o lid e .
T h e s e c u r it i e s w i l l m a t u r e a t t h e r a t e o f
$27,000 o f 4 p e r c e n t g o l d w a t e r b o n d s .
T h e s e c u r it i e s w i l l , $3 300 y e a r l y f r o m O c t o b e r 1, 1897, t o O c t o b e r 1, 1905, a n d
b e d a t e d A u g u s t 1 ,1 8 9 6 , in t e r e s t w i l l b e p a y a b l e s e m i - a n n u a l l y ' $3,400 o n O c t o b e r 1, 1906.
c e iv e d u n t il A u g u s t
C o m m is s io n e r s
1st
a t 12:30 P . M . b y t h e B o a r d o f W a t e r
o f th e v illa g e
N E W
o f W a s h in g t o n v ille , N . Y . , fo r
N E W
L O A N S . ________
*4 1 a r > ,o o o
9 3 7 ,0 0 0
4 X * SEWER BONDS.
of
th e
Com m on
C o u n c il o f
of
| 1 © ,M 0 o f
th e
C ity
of
C o u p o n H e w e r B o n d * o f t h e c ity
m e t a H i m 191& t o 1 0 * 1 l o e i u t v e .
i n t e r a c t a t 4H$1 p e r
c e n t p e r a n n u m , p a y a b le M a t - a n n u a lly , m a y b e r e e
ls* e r e d
tf d ec!re d .
t o th e F in a n c e
en d o rsed .
O ra n g e .’
C o m m itt e e
" P r o p o s a l#
of
fo r
th e
S*U i
th e
o f
P . M .. w h o w il l c e r t i f y
C ity
a d d re c c e d
of
O ra n ge,
B onds.
C ity
of
t b e C o lle c t o r o f T a x e s
N a tio n a l
day
Bond#
H ew er
w d l b e re c e iv e d b y
a t h ie o ffic e . O r a n g e
M onday,
Bank
J u ly .
th e re o n
B u ild in g .
l*0 *.
at
4
a n t i!
o 'c l o c k
th e tim e o f th e tr r e
p r o p n m lc
w ill
s p e c ia l m e e t in g o f t h e
at
th e
•>f
B o a r d t>f W a t e r C
C o u n c il
be
p u b lic ly
Com m on
C h am b e r,
opened
C o u n c il
C a n fie ld
at
la
th e
p rece n ee
a
to
b e h e ld
S tree t
B r g in #
H o u c e , o n T b u r e d a y . t h e S O th d a y o f J u l y . 1 » * .
o ’c l o c k P . M _
o f b id d e r s w h o
at *
m ay
th e
W a s h in g to n v ille -
v illa g e
be aw ard e d
n o a w a r d w ill b e m a d e
upon
to th e h ig h e s t b id d e r
any
h id b e l o w
th e p ar
a c c o m p a n i e d b y a c e r t ifie d
ch eck fo r 10 p er c e n t o f th e am o u n t o f th e p a r r a lo e
o f th e B o n d * b id
o f
th e
fo r.
and
m ost
s p e c ify
th e
bond*
to r
U b r a r y . In
th e
w h o le
T H O U S A N D
C o u n ty .
C o m m is sio n e r*
•n a n c e o f
<*f
th e
v illa g e , u n d e r
C h a p t e r 1 *1
of
N e w Y o rk , p a sse d A p r il
e le m e n t a l t h e re t o an d
of
w h o le s o m e
A ugust
g y > ld .
cent
fu r n is h in g
s u p p ly
1 ,1 * 8 *
and
o f
and
bear
tb e
and
la w s o f
f t , 1*75 . a n d
(h e
N.
B o n d*.
In
pur
be
They
p a y a b le
In te re st
p e r a n n u m , p a y a b le
at
a
sup.
p u re
w ill
A ugust
tb e
ra te
l
of
and
d * U *1
be
1 P 2 * . In
fo u r
per
w r a l- a n n u a ll y o n t h e firs t
d ay s o f F eb ru ary an d A u g u st.
N a tio n a l
and
p r in c ip a l
p a y a b le
B ank . X ew b u rg, N ew
at
th e
Y o rk .
o f
C h o sen
Its
N.
F r e e h o ld e r *
C o m m itte e
bond*
# 1 ,0 0 # e a c h , a n d r u n
are
of
th e
fo llo w * .
J.,
H ig h la n d
T h e y w ill b e
(• s u e d In d e n o m in a t io n s t o s u t t t h e p u r c h a s e r
on
of
P a ss a ic
F in a n c e
and
d e n o m in a tio n
o f
a * fo llo w * :
# 1 5 .0 0 0 d u e A u g u s t 1 s t . 1 0 0 1 .
# 1 6 ,0 0 0 d u e
“
1st, 1002.
1st, 100#.
# 1 6 ,0 0 0 d u e
ILS.ono d u e
M
1 st, 1004.
••
In t e r e s t & p e r o e n t . p a y a b le s e m i- a n n u a lly , p a y a b le
o n t b e firs t d a y o f A u g u s t a n d t h e
M ate o f
th # act*
t h e v illa g e w it h
County,
J ., b y
The
or
a m e n d a to ry ? !H e re o f, f o r th e
w a te r.
0
A u d i t i n g , s o l i c i t * s e a l e d p r o p o s a l s f o r # 0 0 ,0 0 0 B r i d g e
D O L
t o n v l l la , N . V . T h e s e b o n d * a r e is s u e d b y t h e W a t e r
firs t d a y
o f
Feb
ru a ry .
T be
b o n d s w ill
be
to ld
at
not
le s s t h a n p a r, a n d
w i l l b e r e a d y f o r d e l i v e r y M o n d a y . A u g u n t fid .
The
bond*
can
be
re g is t e r e d a t t h e o p t io n o f t h e
p u rc h aser.
P r o p o s a ls
to
be
a d d r e s s e d t o A . B . P e a r c e , C le r k ,
a c c o m p a n i e d b y a c e r t ifie d c h e c k In t h e s u m o f
# 1 .0 o o . o > n d t t | M n e d t o a c c e n t t h e b o n d s I f a w a r d e d .
T h e p r o p o s a ls t o b e d e li v e r e d t o t h e C le r k , a t R o o m
X o . 1. s e c o n d f l o o r . H a v i n g s
In s titu tio n
B u ild in g ,
P a t e r s o n . N . J .. o n M o n d a y . A u g u s t fid . a t 11 A . M ..
a t w h ic h t i m e a n d p la c e t h e b i d * w i l l b o o p e n e d a n d
th e b o n d * a w a rd e d .
G E O R G E F. F E U K R 8 T K IN ,
C h a ir m a n .
T h e t o w n o f B lo o m in g G r o v e , o f w h ic h t h e v illa g e
A - B . P IS A u r g . C l e r k .
t* a p a r t , h a s n o d e b t .
T h e H e h o o l iM s t r ic t . «*f w h i c h t h e v i l l a g e
h a * a school h o u se an d g ro u n d * w o rth
d e s ire d b y t h e y e a r s o f m a t u r in g
A n d t h e s a id B o n d * w ill m a t u r e a *
M o ffa t
0
T h e C o u n t y h a * a b o n d e d d e b t o f o n l y # 8 5 .0 0 0 .
▼ a lo e o f t h e B o n d * a n d t h e a c c r u e d In t e re s t .
S a id p ro p o e a L c m a s t b e
Y o r k , w ill
B o ard
L A M S w o r t h o f t h e b o n d * o f t h e v illa g e o f W a s h ln g -
In te re s t
ch o o se to a tten d .
T h e B *.n d * w ill
1 *W V a t
fir s t .
, 0
BRIDGE BONDS.
r e c e i v e b i d * u n t i l t h i r t y m i n u t e s p a r t t w e l v e o 'c l o c k .
P . M .. A u g u s t
0 0
P a s s a ic
The
rn m ia a t o o e rs o f t h e v i l l a g e
W a e b ln g to n v t U s . o r a n g e C o u n ty . N e w
p u rp o se
c e ip t b y h im .
H atd
The
an y p art o f T W K M T Y - H K V I X
S e a le d p r o p o s a l* o r h id e f o r s a id
Y.,
4 \ WATER BONDS.
O r e o f e . to T t te s c a le d p r o p o a a la fu r t h * w h o le n r a n y
p a rt
N.
MUNICIPAL BONDS F«*R BALK.
F V n » n « C o m m itte e . u n d e r t h e e n t b o i l t r o f a
r e s o lu t io n
$
W ashingtonville,
C I T Y o f O R A N G E , N.J
The
N E W LOANS.
L O A N S .
1*
ra rt
# * , o o o . * n d |*
o u t o f d eb t.
M U N IC IP A L
B O N D S.
T h e v il l a g e o f W a s h l n x t o n v l l l e h a * 'n o d e b t e x c e p t
1015—
# 2 0 ,0 0 0
10 1* —
2 0 .0 0 0
1017—
# 0 .0 0 0
1 9 1 *-
# 9 ,0 0 0
19 1 9 —
15 ,0 0 0
t w
th e Issu e o f th e s e b o n d * .
T h e a s s e s s e d v a l u a t i o n o f t h e v i l l a g e is #7 7 0 A l l .
T h e v o te on
T h e B o ard o f
—
*. 1*0*. at
*3
C o m m is sio n e rs
C H A R LK H
#191,000
H a id R o n d * w i l l b e r e a d y
A ugust
a p p r o p r ia t io n w a s
W a te r
fo rfa n d
re se rv e
2
E. C. STANW OOD & CO.,
th e
B A N K K R M ,
lig h t t o r e je c t a n y o r a ll b id * .
U .«H O
I W 1—
th e
a g a in s t.
fo r
11 o 'c l o c k
W M
d e liv e r y o n
noon, at
th e
R
P r e s id e n t .
B R O O K * . S e c re ta ry ,
121 Devonshire Street,
o f t h e H o a rd o f W a t e r C o m m is s io n * r-.
M ond
o ffic e
M O > L L .
Dated. Washingtonville, N. Y., July 17th. 1*0*.
t h e C o l l e c t ! it o f T a t e s o f t h e c i t y o f o r a n g e .
T b e F in a n c e C o m m itt e e r e s e r v e * t h e rig h t to
j e s t a n y o r a l l W «1 « . a * m a y s e e m b e e t t o t h e m i
t h e in te r e s t* o f t b e c ity .
.
_
2f
o f 01 o r * # * * • f o r a l a r g e r n u m b e r
B o n d s t h a n t h a t p r o p o s e d t o b e i s * t i e d m a t u r i n g ii
s p e r t fle d r e a r , t h e C W v r e s e r v e * t h e f i g h t o f d e flv *
t o t h e b i d d e r s o r e i t h e r o f t h e m <<t b o n d s o f a
s e rie s n o t ta k e n .
A n r in fo r m a t io n w it h r e g a r d t o t h is lo a n w in
fu r n is h e d b y C. Q . W I L L I A MM. C o lle c to r o f T a x
u p o n a p p lic a t i o n t o h im .
B Y
o r d e r
D ated O
O F T H E C O M M IT T E E O N
r a m o i
W .
N .
C o le r &
C o .,
BANKERS.
M U N IC IP A L B O N D S .
FTNANC
. J u l y I d . 1* 0 * .
BOSTON.
I , m
B
r »
H R N T
IT P O N
enwell
S flh p r m r r h o r n
A P P L I C A T I O N
&
E
B u ild in g ,
v e r it t
0
W
A L L
,
8 T ,
MUNICIPAL I88UKM IN THE STATES OF
A L P H K U B fT B C U L t,
C i t y C le r k
34 N A S S A U S T R E E T .
NEW YORK
&
N EW JER SEY
A SPECIALTY
THE
166
INDEX
TO
C H R O N IC L E
STATE
AND
CITY
[V o l.
Lxm.
D EfAN TM E N T.
In the followinic Index reference is made by the page number to every item regarding State, city, town or oounty finances which lias been
published in the present volume of the C h r o n icle . For index to items in volume 02 sec C h r o n icle of June 27, page 1189.
current number are not noted in the index.
Items In th
Full-face types refer to latest report* of total debt, assessed valuation, &o. This index w ill b “
published in the St a t e a s d Oi t t D e pa r t m e n t of the Chronicle bn the last Saturday of each month,
Tolume 62.
rtems marked * w ill be found In
__________________
Cal...............
A naheim.
ndereon. 8. C ...........
10
44
A pacho Co., A r t * ..........
40
A rkan sas.......................
Arlington. Mass-............ *H87
A rrem e, N. V ................
124
Ashtabula. Ohio............
4*»
Athena. A la ............... 10,
86
Athena, Ga
...............
40
Austin Oo.. T e x .......
40
A ro n . M n > s ...............40,
80
anvers, Mass.............
unville. P a ................
D eaf Smith Co., T e x ......
Decatur Co., In d ............
Delaware Co., Ind..........
Detroit. M ich................
Dexter. M o .....................
Douglasville, G a ......41,
Dover, N. I I
.............
Duluth. Minn . . ..........
D
ancroft. N eb .............
40
arnb'>". W la ..............
I-I
Barton Height,?. Va.......
4«»
40
Bellefontalno. 0 ......
Bellevue. I’a...................
40
Benton Harbor, Micb.. .
86
Berkley. Va.
...
40j
Berrien Springs. M ic h ...
4"
Blaine Co., urn
40
Biiuichard Twp.. O
..
4 I
Boston. Mas?-...*11*7, 4",
80
Brockton. Mots ......
.
40
Brooklyn, N. V.........40,
86
Buffalo. N .Y .M 1S T. 40. 1 2 »
Butler, P a ......................
40
H
/Cambridge. Mass. * 1187,
40
' 'a hi den. N. J . . ...........
4<>
Canton, Ohio.................. *1187
40
Carlstadt, N. J................
Carthage. O ......y, ... ..
40
Cascade Co. School Dis
trict No. 1. M ont.. .. * 1 1 8 7
Champaign, i l l ...............
4-1
Charleston, W . Va.
41
Cleveland. 0 . * 1 1 a>7 , 41,
S6
Cohoes. N, Y ..............41,
80
Columbia. P a .................
88
Conshobocken, Pn.........
41
N E W
4 1 |T T a m llto n , O ...............
41
41 ,H a m ilt o n Co.. O.......... *1188
41 Hawklnsville, G a .......41,
S7
41 Holden, M o.....................
87
Coraopolls Sell. Die., Pa.
t ovlngton, K y ...............
Cr infield, M d .............
. Crowley, I*a...................
17 agio Bend. M inn.......
I ast Cleveland. O........
East Liverpool, O ...........
East Palestine. O .........
East Rutherford. N. J ...
East St. Louis, 111..........
Evanston, O .............. 41,
Evanston. W y o .............
R iver, Mass. .. 41,
F all
ar Rockaway, N. Y . . .
Flushing. N. Y ................
FoBston. M inn................
Frankfort, N. Y ...........
/ '’ alveston. T e x ............
V Teneva, N. Y ...............
Gilman 111....................
Glen Ridge, N. J ............
G raft on, w . V a .............
Grand Forks, N. D .......
Grant C o , N . M ............
Cray son Co.. K v .............
Great Falls. M o n t-------Greenbush. N. Y ............
86
SB
si'.
Frvington, N. Y .............
i-rwin, P a ......... .........
87
41
V Tatick, Mass......*1188,
1* ewberry, 8. C............
N ew Britain, Conn.........
N ew p ort News, V a .........
Newton. K a n ..................
New ton. Mass — *1188,
New ton Union Free Sch.
Dlst. No. 4. N Y .........
New York. N. Y ...... 42,
N orth Tonawanda. N. Y.,
125
125
88
Tamaica. N. Y ......... 87,
124
1 | »f amaica8ch. Dis., N. Y .
41
4 5, 125
1 2 6 .Johnston. R. 1................
90
41 Johnstown. P a ............
41
conto Falls, W is .......
87
124 ,
h io ....................*1188,
42
41 TTittson Co., Minn . . . .
41
I Oil City. P a .....................
12
86
IV
T anslng, Mich ...........
41 I Omro, W is .................. 42,
125
86 Lieom instcr, Mass....... *1188 i Orange, N J ...................
125
41
Lexington, Mass
87, 121 Ottawa Twp.. 0 ..............
90
8 9 Los Angeles, C a l............
41
ainesville, 0 ...............
87
124 Louisiana.................
45
41
Lowell. Mass
“ 1188, 41
alatka, Fla..................
42
88
Ludlow. K y ....................
9 0 P alo A lto , Cal................
4-2
86 Lunenburg Co., V a .......
11 Parkersburg, W . V a ...... *1188
125
*1188 Lynn, Mas?..............
41 Passaic Co.. N . J ............
Pennsourg, P a ...............
42
45
87 \/f anchester. N : H . .. . . .
41 , Perth Am boy, X. J. ..42.
124 . » ! assachu s e tts ............
87 ! Philadelphia, P a ............
42
41 Meriden, Conn................
41 i Phoenixville, P a ............
89
124 Miami Twp., Clermont
Piqua, Ohio.....................
42
87
Co.. O hio
*1188. 87 , Portland, M e .......... .......
lv5
Minneapolis, M inn. *1188,
Providence, R. 1..............
42
41
41, 87
87 Mississippi.......... ......
42 j Q u in c y , M ass.................*1188
87 Mitchell. 8. D ............. * 1 1 8 8
41 Monett. M o.
... .......
42
42
41
Monroe Co.. N . V
42, 87 T ) eading. P a ...............
8 8 Montclair. N . .1...............
87 I * ichmond H ill, N. Y . . .
4 ‘£
126
41 Moundsville, W . V a ......
42 Ripley, O hio...............42.
87
8 9 Mr. Airy. N. C................
4 2 Roanoke, V a ..................
41 Mt. Vernon. X. V .......... *1188
R ye Union F ree School
D istrict No. 3, N. Y ___ * 1188
8 7 Mt. Vernon. O hio...........
42
O
S
90
*1188
42
42
*1188
42
87
43
43
43
43
*1188
*1188
43
43
126
'T ’ emple, T e x ................. *1188
I h ree Oaks. M fc h ........
43
Toledo, O h io..................
43
Tracy, M in n ...................
90
Trenton, N . J ..................
43
N E W
S. C...................
U nion,
nion Springs, A l a ___
43
90
TTailsburg, N . J ............
43
* an W ert. O.. ...........
90
Vicksburg, M ich ........87, 1 2 6
\\ aseca Co., M in n ...... *1188
’ * ashington. I I I .........
126
W est Chicago, 111...........
43
W est Poin t. Ga...............
43
W ood ( ’o.. O .......... *1189
87
W ood Co.. W . V a ............
44
W oo d fo rd Co., K y .........
89
Y oungstown, O............ * 1199
L O A N S . _______
INVESTMENT BONDS.
• a il 1 , 0 0 0
Y E A D O N
acram ento Co., C al___
t. Louis. M o .................
St. Paul, M in n .................
Salmon, Id a .........-..........
San Francisco, Cal.........
Sausalito, Cal..................
Schenectady. N. Y ___42,
Sea C liff N. Y .................
Sharpsvillo P a ...............
SistersvilJe, W. V a .........
Spartanburg, S. C...........
Springfield, Mass............
Stafford Co., V a ..............
Stockton. N. J .................
i Suisun, C a l.....................
Sumter Co., S. C.........43,
F
NEW LOANS
L O A N S .
.42
89
42
42
42
42
B O R O U G H
SEWER LOA N.
Sealed proposals will be received until 8:30 o’clock
P. m . on August 24,181*0, fo r tw en ty-tw o bonds o f
the Borough o f Yeadon o f F iv e H undred Dollars
each, w ith Interest at a rate to be specified in th e
bid, d e a r o f all taxes, payable sem i-annually in the
City o f Philadelphia, the principal th e reo f Yo be
payable as follow s, to wi t : the principal o f one o f
said bonds to be payable at the expiration o f each
third year, during a period o f tw elve years a fte r the
date o f said bonds, and the prin cip al o f one o f said
bond? to be payable at the expiration o f each year
a fter said first tw elve years during a fu rth er period
o f eighteen years. T h e proceeds o f the sale o f
these bonds are to be used exclu sively in th e con
struction o f a sewer system fo r the Borough o f
Yeadon.
T h e total assessed valuation o f taxable property
}U the Borough Is about $555,000; the present In
debtedness o f the Borough before the issuing o f
said bonds Is 86,040 39. Th e to ta l indebtedness o f
the Borough, including said bonds, w ill be $17,040 39.
T h e present ta x rate in the Borough fo r 1896, in
cluding Borough, school and County, is 13 m ills.
Address or deliver all proposals to
A L B E R T MO O RE, ESQ.,
Secretary o f Councils, Yeadon, Pa.
M U N IC IP A L
B O N D S
FOR INVESTMENT.
PARTICULARS
UPON
APPLICATION.
M EM B E R S OF T H E N E W Y O R K A N D BOSTON
STOCK E X C H A N G E S .
D E A L E R S IN C O M M E R C IA L P A P E R ,
City of Boston.............................. 4s
City of Newton, Mas*..................... 4s
City of Manchester, N. H ............... 4s
City of Medford, Mass....................4s
City of Lawrence, Mass.................. 6s
City of Holyoke, Mass, (© o ld ) — 4s
City of Los Angelts, Cal, (G o ld ).. 4J^s
City of Pawtucket, R. I. (G o ld )-----5s
Newport, Vermont (G« Id ) ............4s
Mendon, Vermont (G o ld )............... 4s
Old Colony Railroad Co. (G o ld )...4 s
New York & Pennsylvania Tel. &
Tel. Co. (G old) Isi mort............. 5s
E. H. ROLLINS & SONS,
Blake Brothers & C o.,
53 S T A T E S T .. B O S T O N . M A S S .
2 8 S T A T E S T R E E T , BOSTON7.
5 N A SSA U S T., N E W
YORK*
G O L D
B O N D S .
City of Brooklyn 3)^s,
G O V E R N M E N T
M U N IC IP A L
and
B O N D S
Bought and Sold.
N
W .
H A R R IS
& C O .,
FO R SALE B Y
(BANKERS
CHICAGO.
' BOSTON.
15 W A L L S T R E E T ,
PHILADELPHIA.
-
NEW YO R K .
Blodget, M erritt & Co.,
BAN KERS,
C I T Y Sc R A I L R O A D
BONDS
City of Chicago 4s,
City of Pawtucket 4g.
R. L. D A Y
&, C O . ,
40 W a t e r S tre e t, Boston.
7 Nassau S treet, N e w Y o rk ,
MASON, LEWIS & CO.,
31 State St.,
BOSTON,
BANKERS,
in
$ 1 0 0 , 0 0 0
L a S a lle St.,
C H IC A G O .
SAFE INVESTMENTS.
SEND F O R
16 Congress Street, Boston.
STATE
Des Moines, In., School.......................... 4D»S
Muskegon, M ich., Fundi ng..................... 5s
Ashland, W is., Funding.......................... 5s
Burlington* W is., School........................5s
W atseku, 111.* School .............................5s
Rock Rapids, la ., S ch ool........................5s
Sherman. Texas, Fu ndin g...................... 6s
Fonda, In., W a t e r ...................................6s
L IS T
City and C ou n ty
Bonds.
S T A T E
O F
U T A H
Gold 4% 20-Year Bonds.
D A T E D J U L Y 1, 1896.
L E G A L FO R N E W Y O R K S A V IN G S B A N K 3.
P R IC E O N A P P L I C A T IO N .
FOR S A LE B Y
DIETZ, DENISON & PRIOR, E D W D . C . J O N E S
35 CO NG RESS S T R E E T , - BO STO N.
109 Superior S treet, C levelan d, O.
421 C H E S T N U T S T R E E T ,
P H IL A D E L P H IA .
C O .,
80 B R O A D W A Y ,
NEW YO R
@FedFRASER